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OCEANFIRST FINANCIAL CORP Director's Dealing 2019

Mar 4, 2019

32218_dirs_2019-03-04_61bb0d74-a473-40f0-99f6-ebd40ce60014.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OCEANFIRST FINANCIAL CORP (OCFC)
CIK: 0001004702
Period of Report: 2019-02-28

Reporting Person: Vallacchi Grace (Executive Vice President & CRO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-02-28 Common Stock A 2975 Acquired 22348 Direct
2019-02-28 Common Stock A 7340 Acquired 29688 Direct
2019-03-01 Common Stock D 1277 Disposed 28411 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-02-28 Stock Option (right to buy) $25.2 A 50335 Acquired 2029-03-01 Common Stock (50335.0) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $27.4 2028-01-24 Common Stock (9190.0) 9190 Direct

Footnotes

F1: Restricted shares awarded. Such shares vest in five equal annual installments beginning on March 1, 2020. Total includes other restricted shares that vest in the future.

F2: Shares vest in five equal installments beginning on March 1, 2020 at approximately 60% or approximately 80% to 100% depending on the attainment of defined performance criteria for each of the calendar years ended 2019, 2020, 2021, 2022, and 2023, 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 January 24, 2018, for failure to satisfy performance conditions. Remaining shares earned under this award will vest on March 1 of 2020 and 2021, subject to the satisfaction of performance criteria. Total includes other unvested restricted shares that vest in the future.

F4: Options vest in five equal annual installments beginning on the date first exercisable.