Christopher Maher - 28 Feb 2025 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
28 Feb 2025
Net transactions value
$0
Form type
4
Filing time
04 Mar 2025, 16:26:20 UTC
Previous filing
07 Mar 2024
Next filing
06 Mar 2025
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 +28,876 +8.8% $0.000000 357,238 28 Feb 2025 Direct F1
transaction OCFC Common Stock Award $0 +43,310 +12% $0.000000 400,548 28 Feb 2025 Direct F2
transaction OCFC Common Stock Disposed to Issuer $0 -7,339 -1.8% $0.000000 393,209 03 Mar 2025 Direct F3
transaction OCFC Common Stock Disposed to Issuer $0 -8,283 -2.1% $0.000000 384,926 03 Mar 2025 Direct F4
transaction OCFC Common Stock Disposed to Issuer $0 -25,306 -6.6% $0.000000 359,620 03 Mar 2025 Direct F5
holding OCFC Common Stock 24,710 28 Feb 2025 By 401(k) Plan F6
holding OCFC Common Stock 5,419 28 Feb 2025 By ESOP F6
holding OCFC Common Stock 5,000 28 Feb 2025 By Spouse

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) 29,772 28 Feb 2025 Common Stock 29,772 $17.37 Direct
holding OCFC Stock Option (right to buy) 59,677 28 Feb 2025 Common Stock 59,677 $17.28 Direct
holding OCFC Stock Option (right to buy) 73,400 28 Feb 2025 Common Stock 73,400 $29.01 Direct
holding OCFC Stock Option (right to buy) 25,275 28 Feb 2025 Common Stock 25,275 $27.40 Direct
holding OCFC Stock Option (right to buy) 109,060 28 Feb 2025 Common Stock 109,060 $25.20 Direct
holding OCFC Stock Option (right to buy) 166,380 28 Feb 2025 Common Stock 166,380 $20.44 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, 2026. Total includes other restricted shares that vest in the future.
F2 Restricted shares awarded. Such shares vest on March 1, 2028 at approximately 33% to 100% depending on the attainment of defined performance criteria for the three year period from January 1, 2025 through December 31, 2027, or are forfeited if threshold performance is not met. Total includes other unvested restricted shares that vest in the future.
F3 Represents forfeiture of unvested performance-based restricted shares, originally awarded on February 28, 2020, for failure to satisfy performance conditions. Total includes other unvested shares that vest in the future.
F4 Represents forfeiture of unvested performance-based restricted shares, originally awarded on February 26, 2021, for failure to satisfy performance conditions. Total includes other unvested shares that vest in the future.
F5 Represents forfeiture of unvested performance based restricted shares, originally awarded on February 28, 2022, for failure to satisfy performance conditions. Total includes other unvested shares that vest in the future.
F6 This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).