Form 4 for OCFC OCEANFIRST FINANCIAL CORP
Accepted 2024-03-01 00:00:00 ET · period of report 2024-02-28 · accession 0001004702-24-000054 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-03-01 | 2024-02-28 | OCFC | Lebel Joseph III | Pres, COO, Dir | A - Grant | $0.00 | +79.6K | 294.1K | +37% | $0 |
| M | 2024-03-01 | 2024-03-01 | OCFC | Lebel Joseph III | Pres, COO, Dir | D - Sale to Iss | $0.00 | -9,923 | 291.6K | -3% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-02-28 | A | A | 31,860 | $0.00 | 246,304 | D | — | — | (F1) Restricted shares awarded. Such shares vest in four equal annual installments beginning on March 1, 2025. Total includes other restricted shares that vest in the future. |
| 2 | Common | Common Stock | 2024-02-28 | A | A | 47,787 | $0.00 | 294,091 | D | — | — | (F2) Restricted shares awarded. Such shares vest on March 1, 2027 at approximately 33% to 100% depending on the attainment of defined performance criteria for the three year period from January 1, 2024 through December 31, 2026, or are forfeited if threshold performance is not met. Total includes other unvested restricted shares that vest in the future. |
| 3 | Common | Common Stock | 2024-03-01 | D | D | 2,531 | $0.00 | 284,168 | D | — | — | (F5) Represents forfeiture of unvested performance-based restricted shares, originally awarded on February 26, 2021, for failure to satisfy performance conditions. Remaining shares earned under this award will vest on March 1, 2025, subject to the satisfaction of performance criteria. Total includes other unvested shares that vest in the future. |
| 4 | Common | Common Stock | 2024-03-01 | D | D | 4,892 | $0.00 | 286,699 | D | — | — | (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 March 1, 2025, subject to the satisfaction of performance criteria. Total includes other unvested shares that vest in the future. |
| 5 | Common | Common Stock | 2024-03-01 | D | D | 2,500 | $0.00 | 291,591 | D | — | — | (F3) Represents forfeiture of unvested performance-based restricted shares, originally awarded on February 28, 2019, for failure to satisfy performance conditions. Total includes other unvested shares that vest in the future. |