Joseph Lebel III - 15 Jun 2023 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Role
President and COO, Director
Signature
/s/ Steven J. Tsimbinos, Power of Attorney
Issuer symbol
OCFC
Transactions as of
15 Jun 2023
Net transactions value
-$175,324
Form type
4
Filing time
20 Jun 2023, 14:52:33 UTC
Previous filing
08 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 $163,688 +11,250 +5.3% $14.55 224,974 15 Jun 2023 Direct F1
transaction OCFC Common Stock Sale $175,324 -10,530 -4.7% $16.65 214,444 15 Jun 2023 Direct F1
holding OCFC Common Stock 11,504 15 Jun 2023 By 401(k) F2
holding OCFC Common Stock 12,041 15 Jun 2023 By ESOP F2
holding OCFC Common Stock 783 15 Jun 2023 By Spouse
holding OCFC Series A Redeemable Preferred Stock 4,000 15 Jun 2023 Direct 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
transaction OCFC Stock Option (right to buy) Options Exercise $163,688 -11,250 -100% $14.55 0 15 Jun 2023 Common Stock 11,250 $14.55 Direct F4
holding OCFC Stock Option (right to buy) 4,875 15 Jun 2023 Common Stock 4,875 $17.75 Direct
holding OCFC Stock Option (right to buy) 30,000 15 Jun 2023 Common Stock 30,000 $17.37 Direct
holding OCFC Stock Option (right to buy) 37,500 15 Jun 2023 Common Stock 37,500 $17.28 Direct
holding OCFC Stock Option (right to buy) 45,000 15 Jun 2023 Common Stock 45,000 $29.01 Direct
holding OCFC Stock Option (right to buy) 15,485 15 Jun 2023 Common Stock 15,485 $27.40 Direct
holding OCFC Stock Option (right to buy) 100,670 15 Jun 2023 Common Stock 100,670 $25.20 Direct F4
holding OCFC Stock Option (right to buy) 153,585 15 Jun 2023 Common Stock 153,585 $20.44 Direct F4
* 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 The actual title of this share class is "Depository shares, each representing a 1/40th Interest in a share of its 7.00 % Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A, par value $0.01 per share".
F4 Options vest in five equal annual installments beginning on the date first exercisable.