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

Role: EVP & CIO, OceanFirst Bank
Signature: /s/ Steven J. Tsimbions, Power of Attorney
Issuer symbol: OCFC
Transactions as of: 28 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 01 Mar 2024, 13:23:57 UTC
Previous filing: 08 Sep 2023
Next filing: 07 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OCFC	Common Stock	Award	$0	+11,740	+66%	$0.000000	29,509	28 Feb 2024	Direct	F1
transaction	OCFC	Common Stock	Award	$0	+17,606	+60%	$0.000000	47,115	28 Feb 2024	Direct	F2
holding	OCFC	Common Stock						2,450	28 Feb 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)						1,151	28 Feb 2024	Common Stock	1,151	$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).