Statement of Changes in Beneficial Ownership (4)
June 16 2023 - 2:35PM
Edgar (US Regulatory)
FORM 4
☐
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
|
1. Name and Address of Reporting Person
*
Maher Christopher |
2. Issuer Name and Ticker or Trading Symbol
OCEANFIRST FINANCIAL CORP
[
OCFC
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman and CEO |
|
(Last)
(First)
(Middle)
110 WEST FRONT STREET |
3. Date of Earliest Transaction
(MM/DD/YYYY)
6/14/2023 |
|
(Street)
RED BANK, NJ 07701 |
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
|
(City)
(State)
(Zip)
|
Rule 10b5-1(c) Transaction Indication
☐
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to
satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security
(Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code
(Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
| Common Stock | 6/14/2023 | | M | | 4500 | A | $14.55 | 271144 | D (1) | |
| Common Stock | 6/14/2023 | | F | | 4238 | D | $16.44 | 266906 | D (1) | |
| Common Stock | | | | | | | | 5000 | I | By Spouse |
| Common Stock | | | | | | | | 4430 | I | By ESOP (2) |
| Common Stock | | | | | | | | 19121 | I | By 401(k) Plan (2) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code
(Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) | 8. Price of Derivative Security
(Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
| Stock Option (right to buy) | $14.55 | 6/14/2023 | | M | | | 4500 | 6/17/2014 | 6/17/2023 | Common Stock | 4500 | $14.55 | 0 | D | |
| Stock Option (right to buy) | $17.75 | | | | | | | 3/1/2015 | 3/19/2024 | Common Stock | 12000 | | 12000 | D | |
| Stock Option (right to buy) | $17.37 | | | | | | | 3/1/2016 | 3/18/2025 | Common Stock | 29772 | | 29772 | D | |
| Stock Option (right to buy) | $17.28 | | | | | | | 3/1/2017 | 3/16/2026 | Common Stock | 59677 | | 59677 | D | |
| Stock Option (right to buy) | $29.01 | | | | | | | 3/1/2018 | 3/15/2027 | Common Stock | 73400 | | 73400 | D | |
| Stock Option (right to buy) | $27.40 | | | | | | | 3/1/2019 | 1/24/2028 | Common Stock | 25275 | | 25275 | D | |
| Stock Option (right to buy) | $25.20 | | | | | | | 3/1/2020 | 3/1/2029 | Common Stock | 109060 | | 109060 | D (3) | |
| Stock Option (right to buy) | $20.44 | | | | | | | 3/1/2021 | 3/1/2030 | Common Stock | 166380 | | 166380 | D (3) | |
| Explanation of Responses: |
| (1) | Total includes shares of restricted Common stock that have not yet vested. |
| (2) | This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c). |
| (3) | Options vest in five equal annual installments beginning on the date first exercisable. |
Reporting Owners
|
| Reporting Owner Name / Address | Relationships |
| Director | 10% Owner | Officer | Other |
Maher Christopher
110 WEST FRONT STREET
RED BANK, NJ 07701 | X |
| Chairman and CEO |
|
Signatures
|
| /s/ Steven J. Tsimbinos, Power of Attorney | | 6/16/2023 |
| **Signature of Reporting Person | Date |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
OceanFirst Financial (NASDAQ:OCFC)
Historical Stock Chart
From Nov 2024 to Dec 2024
OceanFirst Financial (NASDAQ:OCFC)
Historical Stock Chart
From Dec 2023 to Dec 2024
