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OCEANFIRST FINANCIAL CORP — Director's Dealing 2021
Mar 2, 2021
32218_dirs_2021-03-02_111d39a0-8431-4cb6-bb4c-3dd2089b6c2f.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: 2021-02-26
Reporting Person: Maher Christopher (Director, Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-26 | Common Stock | A | 27612 | — | Acquired | 197346 | Direct |
| 2021-02-26 | Common Stock | A | 33132 | — | Acquired | 230478 | Direct |
| 2021-02-26 | Common Stock | D | 7603 | — | Disposed | 222875 | Direct |
| 2021-03-01 | Common Stock | D | 4921 | — | Disposed | 217954 | Direct |
| 2021-02-26 | Common Stock | D | 7339 | — | Disposed | 210615 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 12696 | Indirect |
| Common Stock | 3030 | 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 |
| Stock Option (right to buy) | $25.2 | 2029-03-01 | Common Stock (109060.0) | 109060 | Direct |
| Stock Option (right to buy) | $20.44 | 2030-03-01 | Common Stock (166380.0) | 166380 | Direct |
Footnotes
F1: Restricted shares awarded. Such shares vest in four equal annual installments beginning on March 1, 2022. Total includes other restricted shares that vest in the future.
F2: Restricted shares awarded vest in four equal installments beginning on March 1, 2022 at approximately 67% or approximately 83% to 100% depending on the attainment of defined performance criteria for each of the calendar years ended 2021, 2022, 2023, and 2024, 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. Total includes other unvested restricted shares that vest in the future.
F4: Represents forfeiture of unvested performance-based restricted shares, originally awarded on February 28, 2019, for failure to satisfy performance conditions. Remaining shares earned under this award will vest on each of March 1 of 2022, 2023, and 2024, subject to the satisfaction of performance criteria. Total includes other unvested shares that vest in the future.
F5: Represents forfeiture of unvested performance-based restricted shares, originally awarded on February 28, 2020, for failure to satisfy performance conditions. Remaining shares earned under this award will vest on each of March 1 of 2022, 2023, 2024, and 2025, subject to the satisfaction of performance criteria. 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).
F7: Options vest in five equal annual installments beginning on the date first exercisable.