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

Role: EVP & CIO, OceanFirst Bank
Signature: /s/ Steven J. Tsimbions, Power of Attorney
Stock symbol: OCFC
Transactions as of: Feb 28, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/1/2024, 01:23 PM
Previous filing: Sep 8, 2023
Next filing: Mar 7, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OCFC	Common Stock	Award	$0	+11.7K	+66.07%	$0.00	29.5K	Feb 28, 2024	Direct	F1
transaction	OCFC	Common Stock	Award	$0	+17.6K	+59.66%	$0.00	47.1K	Feb 28, 2024	Direct	F2
holding	OCFC	Common Stock						2.45K	Feb 28, 2024	By ESOP	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	OCFC	Stock Option (right to buy)						1.15K	Feb 28, 2024	Common Stock	1.15K	$22.69	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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.
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.
F3	This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).