Christopher Maher - Mar 8, 2023 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Role
Chairman and CEO, Director
Signature
/s/ Steven J. Tsimbinos, Power of Attorney
Stock symbol
OCFC
Transactions as of
Mar 8, 2023
Transactions value $
-$301,329
Form type
4
Date filed
3/10/2023, 10:34 AM
Previous filing
Mar 2, 2023
Next filing
Apr 28, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCFC Common Stock Tax liability -$301K -13K -4.67% $23.14 266K Mar 8, 2023 Direct F1
holding OCFC Common Stock 4.37K Mar 8, 2023 By ESOP
holding OCFC Common Stock 17.2K Mar 8, 2023 By 401(k) Plan

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) 4.5K Mar 8, 2023 Common Stock 4.5K $14.55 Direct
holding OCFC Stock Option (right to buy) 12K Mar 8, 2023 Common Stock 12K $17.75 Direct
holding OCFC Stock Option (right to buy) 29.8K Mar 8, 2023 Common Stock 29.8K $17.37 Direct
holding OCFC Stock Option (right to buy) 59.7K Mar 8, 2023 Common Stock 59.7K $17.28 Direct
holding OCFC Stock Option (right to buy) 73.4K Mar 8, 2023 Common Stock 73.4K $29.01 Direct
holding OCFC Stock Option (right to buy) 25.3K Mar 8, 2023 Common Stock 25.3K $27.40 Direct
holding OCFC Stock Option (right to buy) 109K Mar 8, 2023 Common Stock 109K $25.20 Direct F1
holding OCFC Stock Option (right to buy) 166K Mar 8, 2023 Common Stock 166K $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.