SEC Form 4 · accession 0001004702-17-000139
OCEANFIRST FINANCIAL CORP · OCFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Lebel III
Other
Period of report
May 22, 2017
Accepted (ET)
May 23, 2017 · 6:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001004702
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 22, 2017 | M | 9,925 | $10.00 | A | 29,046 | D | |
| Common StockF1 | May 22, 2017 | M | 10,125 | $13.87 | A | 39,171 | D | |
| Common StockF2,F1 | May 22, 2017 | S | 20,050 | $26.54 | D | 19,121 | D | |
| Common StockF3 | holding | — | — | — | 9,607 | I | By 401(k) | |
| Common StockF3 | holding | — | — | — | 7,681 | I | By ESOP | |
| Common StockF4 | holding | — | — | — | 667 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy) | $10.00 | May 22, 2017 | M | 9,925 | D | Feb 17, 2011 | Feb 17, 2020 | Common Stock | 9,925 | 0 | D |
| Stock Option (right to buy) | $13.87 | May 22, 2017 | M | 10,125 | D | Feb 18, 2012 | Feb 18, 2021 | Common Stock | 10,125 | 0 | D |
| Stock Option (right to buy) | $13.83 | holding | — | — | — | Feb 15, 2013 | Feb 15, 2022 | Common Stock | 10,125 | 10,125 | D |
| Stock Option (right to buy)F5 | $14.62 | holding | — | — | — | Feb 15, 2014 | Feb 15, 2023 | Common Stock | 11,250 | 11,250 | D |
| Stock Option (right to buy)F5 | $14.55 | holding | — | — | — | Jun 17, 2014 | Jun 17, 2023 | Common Stock | 11,250 | 11,250 | D |
| Stock Option (right to buy)F5 | $17.75 | holding | — | — | — | Mar 1, 2015 | Mar 19, 2024 | Common Stock | 24,375 | 24,375 | D |
| Stock Option (right to buy)F5 | $17.37 | holding | — | — | — | Mar 1, 2016 | Mar 18, 2025 | Common Stock | 30,000 | 30,000 | D |
| Stock Option (right to buy)F5 | $17.28 | holding | — | — | — | Mar 1, 2017 | Mar 16, 2026 | Common Stock | 37,500 | 37,500 | D |
| Stock Option (right to buy)F5 | $29.01 | holding | — | — | — | Mar 15, 2018 | Mar 15, 2027 | Common Stock | 45,000 | 45,000 | D |
Explanation of responses
- F1Total includes shares of restricted Common stock that have not yet vested.
- F2This transaction was executed in multiple trades at prices ranging from $26.44 to $26.65. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the numbers of shares and prices at which the transaction was effected.
- F3This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
- F4This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16a-11.
- F5Options vest in five equal annual installments beginning on the date first exercisable.