Brian Schaeffer - 28 Feb 2024 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
01 Mar 2024, 13:23:57 UTC
Prior SEC filing
08 Sep 2023
Next SEC filing
07 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Steven J. Tsimbions, Power of Attorney
Filing notes and source

Key filing fact

Brian Schaeffer filed Form 4 for OCEANFIRST FINANCIAL CORP (OCFC) on 01 Mar 2024.

Key facts

  • This page summarizes Brian Schaeffer's Form 4 filing for OCEANFIRST FINANCIAL CORP (OCFC).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 01 Mar 2024, 13:23.

Change

  • Previous filing in this sequence was filed on 08 Sep 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OCFC transaction

Common Stock

Award

Transaction value
$0
Shares
+11,740
Change %
+66%
Price
$0.000000
Shares after
29,509
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1
OCFC transaction

Common Stock

Award

Transaction value
$0
Shares
+17,606
Change %
+60%
Price
$0.000000
Shares after
47,115
Date
28 Feb 2024
Ownership
Direct
Footnotes
F2
OCFC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,450
Date
28 Feb 2024
Ownership
By ESOP
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OCFC holding Derivative

Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,151
Date
28 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,151
Exercise price
$22.69
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Restricted shares awarded. Such shares vest in four equal annual installments beginning on March 1, 2025. Total includes other restricted shares that vest in the future.

Footnote F2

Restricted shares awarded. Such shares vest on March 1, 2027 at approximately 33% to 100% depending on the attainment of defined performance criteria for the three year period from January 1, 2024 through December 31, 2026, or are forfeited if threshold performance is not met. Total includes other unvested restricted shares that vest in the future.

Footnote F3

This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).

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