SEC Form 4 · accession 0001004702-18-000047
OCEANFIRST FINANCIAL CORP · OCFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven James Tsimbinos
Officer — Executive VP/Corp. Secretary
Period of report
Jan 31, 2018
Accepted (ET)
Feb 1, 2018 · 5:22 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,F2 | Jan 31, 2018 | J | 464 | $0.00 | A | 42,987 | D | |
| Common StockF3 | holding | — | — | — | 3,449 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 2,390 | I | By ESOP |
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) | $11.32 | holding | — | — | — | Sep 7, 2011 | Sep 7, 2020 | Common Stock | 9,750 | 9,750 | D |
| Stock Option (right to buy) | $13.87 | holding | — | — | — | Feb 18, 2012 | Feb 18, 2021 | Common Stock | 10,125 | 10,125 | 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)F4 | $14.62 | holding | — | — | — | Feb 15, 2014 | Feb 15, 2023 | Common Stock | 11,250 | 11,250 | D |
| Stock OptionF4 | $17.75 | holding | — | — | — | Mar 1, 2015 | Mar 19, 2024 | Common Stock | 13,125 | 13,125 | D |
| Stock Option (Right to BuyF4 | $17.37 | holding | — | — | — | Mar 1, 2016 | Mar 18, 2025 | Common Stock | 13,125 | 13,125 | D |
| Stock Option (right to buy)F4 | $17.28 | holding | — | — | — | Mar 1, 2017 | Mar 16, 2026 | Common Stock | 15,000 | 15,000 | D |
| Stock Option (right to buy)F4 | $29.01 | holding | — | — | — | Mar 1, 2018 | Mar 15, 2027 | Common Stock | 37,500 | 37,500 | D |
| Stock Option (right to buy)F4 | $27.40 | holding | — | — | — | Mar 1, 2019 | Jan 24, 2028 | Common Stock | 12,915 | 12,915 | D |
Explanation of responses
- F1Shares reported in column 4 represent an estimate of shares acquired by the reporting person in the merger (the "Merger") of Sun Bancorp, Inc. ("Sun") with and into OceanFirst Financial Corp. ("OceanFirst") based on the preliminary election results of the Sun shareholders in the Merger. If the actual number of OceanFirst shares acquired by the reporting person in the Merger, as reflected in the final election results, is different that the number of OceanFirst shares reported on this Form 4, then the actual number of OceanFirst shares acquired by the reporting person in the Merger will be reported on an amendment to this Form 4.
- F2Total includes shares of restricted Common stock that have not yet vested.
- F3This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
- F4Options vest in five equal annual installments beginning on the date first exercisable.