OCEANFIRST FINANCIAL CORP — Director's Dealing 2019

Mar 4, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Maher Christopher (Director, Chairman, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-28	Common Stock	A	6450	—	Acquired	116518	Direct
2019-02-28	Common Stock	A	24605	—	Acquired	141123	Direct
2019-03-01	Common Stock	D	3041	—	Disposed	138082	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-28	Common Stock	$25.2	A	109060	Acquired	2029-03-01	Common Stock (109060.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8407	Indirect
Common Stock	2156	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$14.55	2023-06-17	Common Stock (4500.0)	4500	Direct
Stock Option (right to buy)	$17.75	2024-03-19	Common Stock (12000.0)	12000	Direct
Stock Option (right to buy)	$17.37	2025-03-18	Common Stock (29772.0)	29772	Direct
Stock Option (right to buy)	$17.28	2026-03-16	Common Stock (59677.0)	59677	Direct
Stock Option (right to buy)	$29.01	2027-03-15	Common Stock (73400.0)	73400	Direct
Stock Option (right to buy)	$27.4	2028-01-24	Common Stock (25275.0)	25275	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 annual 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 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: This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).

F5: Options vest in five equal annual installments beginning on the date first exercisable.