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OCEANFIRST FINANCIAL CORP — Director's Dealing 2018
Mar 28, 2018
32218_dirs_2018-03-28_759f5e68-ffeb-4755-b23a-543d0cb10b8a.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: OCEANFIRST FINANCIAL CORP (OCFC)
CIK: 0001004702
Period of Report: 2018-03-28
Reporting Person: Vallacchi Grace (Executive Vice President & CRO)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 19373 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Common Stock | $27.4 | 2028-01-24 | Common Stock (9190.0) | Direct |
Footnotes
F1: Includes 9,155 shares of restricted stock. 2,567 shares vest on March 1, 2019, 1,831 shares vest on March 1 of 2020, 2021, and 2022, and 1,095 shares vest on March 1, 2023.
F2: Includes 10,218 of performance-based restricted shares. One third of such shares vest on each of March 1, 2019, 2020, and 2021 at approximately 60% or approximately 80% to 100% depending on the attainment of defined performance criteria for each of the calendar years ended 2018, 2019, and 2020, or are forfeited if threshold performance is not met.
F3: Options vest in five equal annual installments beginning on the date first exercisable.