Joseph Lebel III - 05 Mar 2024 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Signature
/s/ Steven J. Tsimbions, Power of Attorney
Issuer symbol
OCFC
Transactions as of
05 Mar 2024
Net transactions value
-$126,845
Form type
4
Filing time
07 Mar 2024, 16:33:04 UTC
Previous filing
01 Mar 2024
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCFC Common Stock Sale $126,845 -8,496 -3% $14.93 275,672 05 Mar 2024 Direct F1
holding OCFC Common Stock 11,955 05 Mar 2024 By 401(k)
holding OCFC Common Stock 12,981 05 Mar 2024 By ESOP
holding OCFC Common Stock 783 05 Mar 2024 By Spouse
holding OCFC Series A Redeemable Preferred Stock 4,000 05 Mar 2024 Direct

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) 4,875 05 Mar 2024 Common Stock 4,875 $17.75 Direct
holding OCFC Stock Option (right to buy) 30,000 05 Mar 2024 Common Stock 30,000 $17.37 Direct
holding OCFC Stock Option (right to buy) 37,500 05 Mar 2024 Common Stock 37,500 $17.28 Direct
holding OCFC Stock Option (right to buy) 45,000 05 Mar 2024 Common Stock 45,000 $29.01 Direct
holding OCFC Stock Option (right to buy) 15,485 05 Mar 2024 Common Stock 15,485 $27.40 Direct
holding OCFC Stock Option (right to buy) 100,670 05 Mar 2024 Common Stock 100,670 $25.20 Direct
holding OCFC Stock Option (right to buy) 153,585 05 Mar 2024 Common Stock 153,585 $20.44 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sale of a portion of vesting restricted stock to pay associated taxes. Total includes unvested restricted stock.
F2 Options vest in five equal annual installments beginning on the date first exercisable.