SEC Form 4 · accession 0001004702-18-000034
OCEANFIRST FINANCIAL CORP · OCFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Lebel III
Other
Period of report
Jan 24, 2018
Accepted (ET)
Jan 25, 2018 · 6:42 pm EST
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 | Jan 24, 2018 | A | 9,225 | $0.00 | A | 28,346 | D | |
| Common StockF2 | Jan 24, 2018 | A | 17,154 | $0.00 | A | 45,500 | D | |
| Common StockF3 | holding | — | — | — | 9,707 | I | By 401(k) | |
| Common StockF3 | holding | — | — | — | 7,771 | I | By ESOP | |
| Common StockF4 | holding | — | — | — | 675 | 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)F5 | $27.40 | Jan 24, 2018 | A | 15,485 | A | Mar 1, 2019 | Jan 24, 2028 | Common Stock | 15,485 | 15,485 | 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
- F1Restricted shares awarded. Such shares vest in five equal annual installments beginning on March 1, 2019. Total includes other restricted shares that vest in the future.
- F2One third of such shares vest on each of March 1, 2019, 2020, and 2021 at approximately 60% or approximately 80% to 100% depending on the attainment of defined performance criteria for each of the calendar years ended 2018, 2019, and 2020, or are forfeited if threshold performance is not met. Total includes other restricted shares that vest in the future.
- 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.