Joseph Lebel III - Feb 28, 2025 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Role
Senior EVP and COO, Director
Signature
/s/ Steven J. Tsimbinos, Power of Attorney
Stock symbol
OCFC
Transactions as of
Feb 28, 2025
Transactions value $
$0
Form type
4
Date filed
3/4/2025, 04:31 PM
Previous filing
Mar 7, 2024
Next filing
Mar 6, 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 +26.4K +9.57% $0.00 302K Feb 28, 2025 Direct F1
transaction OCFC Common Stock Award $0 +39.6K +13.1% $0.00 342K Feb 28, 2025 Direct F2
transaction OCFC Common Stock Disposed to Issuer $0 -4.89K -1.43% $0.00 337K Mar 3, 2025 Direct F3
transaction OCFC Common Stock Disposed to Issuer $0 -7.59K -2.26% $0.00 329K Mar 3, 2025 Direct F4
transaction OCFC Common Stock Disposed to Issuer $0 -23.2K -7.05% $0.00 306K Mar 3, 2025 Direct F5
holding OCFC Common Stock 12.4K Feb 28, 2025 By 401(k) F6
holding OCFC Common Stock 13.6K Feb 28, 2025 By ESOP F6
holding OCFC Common Stock 783 Feb 28, 2025 By Spouse
holding OCFC Series A Redeemable Preferred Stock 4K Feb 28, 2025 Direct

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) 30K Feb 28, 2025 Common Stock 30K $17.37 Direct
holding OCFC Stock Option (right to buy) 37.5K Feb 28, 2025 Common Stock 37.5K $17.28 Direct
holding OCFC Stock Option (right to buy) 45K Feb 28, 2025 Common Stock 45K $29.01 Direct
holding OCFC Stock Option (right to buy) 15.5K Feb 28, 2025 Common Stock 15.5K $27.40 Direct
holding OCFC Stock Option (right to buy) 101K Feb 28, 2025 Common Stock 101K $25.20 Direct
holding OCFC Stock Option (right to buy) 154K Feb 28, 2025 Common Stock 154K $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).