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OCEANFIRST FINANCIAL CORP — Director's Dealing 2022
Mar 2, 2022
32218_dirs_2022-03-02_2c012d34-6353-4fcc-af14-11e5a7917def.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: 2022-02-28
Reporting Person: Lebel Joseph III (President and COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-28 | Common Stock | A | 22116 | — | Acquired | 158471 | Direct |
| 2022-02-28 | Common Stock | A | 33177 | — | Acquired | 191648 | Direct |
| 2022-03-01 | Common Stock | D | 2500 | — | Disposed | 189148 | Direct |
| 2022-03-01 | Common Stock | D | 4892 | — | Disposed | 184256 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 10904 | Indirect |
| Common Stock | 10883 | Indirect |
| Common Stock | 769 | Indirect |
| Series A Redeemable Preferred Stock | 1000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $14.55 | 2023-06-17 | Common Stock (11250.0) | 11250 | Direct |
| Stock Option (right to buy) | $17.75 | 2024-03-19 | Common Stock (4875.0) | 4875 | Direct |
| Stock Option (right to buy) | $17.37 | 2025-03-18 | Common Stock (30000.0) | 30000 | Direct |
| Stock Option (right to buy) | $17.28 | 2026-03-16 | Common Stock (37500.0) | 37500 | Direct |
| Stock Option (right to buy) | $29.01 | 2027-03-15 | Common Stock (45000.0) | 45000 | Direct |
| Stock Option (right to buy) | $27.4 | 2028-01-24 | Common Stock (15485.0) | 15485 | Direct |
| Stock Option (right to buy) | $25.2 | 2029-03-01 | Common Stock (100670.0) | 100670 | Direct |
| Stock Option (right to buy) | $20.44 | 2030-02-28 | Common Stock (153585.0) | 153585 | Direct |
Footnotes
F1: Restricted shares awarded. Such shares vest in four equal annual installments beginning on March 1, 2023. Total includes other restricted shares that vest in the future.
F2: Restricted shares awarded. Such shares vest on March 1, 2025 at approximately 33% to 100% depending on the attainment of defined performance criteria for the three year period from January 1, 2022 through December 31, 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 February 28, 2019, for failure to satisfy performance conditions. Remaining shares earned under this award will vest on each of March 1 of 2023 and 2024, subject to the satisfaction of performance criteria. Total includes other unvested shares that vest in the future.
F4: 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 2023, 2024, and 2025, subject to the satisfaction of performance criteria. Total includes other unvested shares that vest in the future.
F5: This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
F6: This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16a-11.
F7: Options vest in five equal annual installments beginning on the date first exercisable.