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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.