Christopher Maher - 14 Jun 2023 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Role
Chairman and CEO, Director
Signature
/s/ Steven J. Tsimbinos, Power of Attorney
Issuer symbol
OCFC
Transactions as of
14 Jun 2023
Net transactions value
-$69,673
Form type
4
Filing time
16 Jun 2023, 15:35:00 UTC
Previous filing
16 May 2023
Next filing
01 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 Options Exercise $65,475 +4,500 +1.7% $14.55 271,144 14 Jun 2023 Direct F1
transaction OCFC Common Stock Tax liability $69,673 -4,238 -1.6% $16.44 266,906 14 Jun 2023 Direct F1
holding OCFC Common Stock 5,000 14 Jun 2023 By Spouse
holding OCFC Common Stock 4,430 14 Jun 2023 By ESOP F2
holding OCFC Common Stock 19,121 14 Jun 2023 By 401(k) Plan F2

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
transaction OCFC Stock Option (right to buy) Options Exercise $65,475 -4,500 -100% $14.55 0 14 Jun 2023 Common Stock 4,500 $14.55 Direct
holding OCFC Stock Option (right to buy) 12,000 14 Jun 2023 Common Stock 12,000 $17.75 Direct
holding OCFC Stock Option (right to buy) 29,772 14 Jun 2023 Common Stock 29,772 $17.37 Direct
holding OCFC Stock Option (right to buy) 59,677 14 Jun 2023 Common Stock 59,677 $17.28 Direct
holding OCFC Stock Option (right to buy) 73,400 14 Jun 2023 Common Stock 73,400 $29.01 Direct
holding OCFC Stock Option (right to buy) 25,275 14 Jun 2023 Common Stock 25,275 $27.40 Direct
holding OCFC Stock Option (right to buy) 109,060 14 Jun 2023 Common Stock 109,060 $25.20 Direct F3
holding OCFC Stock Option (right to buy) 166,380 14 Jun 2023 Common Stock 166,380 $20.44 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Total includes shares of restricted Common stock that have not yet vested.
F2 This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
F3 Options vest in five equal annual installments beginning on the date first exercisable.