Christopher Maher - 27 Apr 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
27 Apr 2023
Transactions value $
$15,263
Form type
4
Filing time
28 Apr 2023, 09:57:00
Previous filing
10 Mar 2023
Next filing
11 May 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 Purchase $15.3K +1K +0.38% $15.26 267K 27 Apr 2023 Direct F1, F2
holding OCFC Common Stock 4.37K 27 Apr 2023 By ESOP F3
holding OCFC Common Stock 18.2K 27 Apr 2023 By 401(k) Plan 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) 4.5K 27 Apr 2023 Common Stock 4.5K $14.55 Direct
holding OCFC Stock Option (right to buy) 12K 27 Apr 2023 Common Stock 12K $17.75 Direct
holding OCFC Stock Option (right to buy) 29.8K 27 Apr 2023 Common Stock 29.8K $17.37 Direct
holding OCFC Stock Option (right to buy) 59.7K 27 Apr 2023 Common Stock 59.7K $17.28 Direct
holding OCFC Stock Option (right to buy) 73.4K 27 Apr 2023 Common Stock 73.4K $29.01 Direct
holding OCFC Stock Option (right to buy) 25.3K 27 Apr 2023 Common Stock 25.3K $27.40 Direct
holding OCFC Stock Option (right to buy) 109K 27 Apr 2023 Common Stock 109K $25.20 Direct F4
holding OCFC Stock Option (right to buy) 166K 27 Apr 2023 Common Stock 166K $20.44 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $15.24 to $15.41. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the numbers of shares and prices at which the transaction was effected.
F2 Total includes shares of restricted Common stock that have not yet vested.
F3 This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
F4 Options vest in five equal annual installments beginning on the date first exercisable.