SEC Form 4/A · accession 0001004702-18-000082
OCEANFIRST FINANCIAL CORP · OCFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Michael J Fitzpatrick
Officer — Executive Vice President & CFO
Period of report
Jan 24, 2018
Accepted (ET)
Mar 13, 2018 · 1:26 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 | Jan 24, 2018 | A | 4,626 | $0.00 | A | 124,587 | D | |
| Common StockF2 | Jan 24, 2018 | A | 8,577 | $0.00 | A | 133,164 | D | |
| Common Stock | holding | — | — | — | 2,621 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 80,592 | 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)F3 | $27.40 | Jan 24, 2018 | A | 7,767 | A | Mar 1, 2019 | Jan 24, 2028 | Common Stock | 7,767 | 7,767 | D |
| Stock Option (right to buy) | $10.00 | holding | — | — | — | Feb 17, 2011 | Feb 17, 2020 | Common Stock | 29,770 | 29,770 | D |
| Stock Option (right to buy) | $13.87 | holding | — | — | — | Feb 18, 2012 | Feb 18, 2021 | Common Stock | 30,000 | 30,000 | D |
| Stock Option (right to buy) | $13.83 | holding | — | — | — | Feb 15, 2013 | Feb 15, 2022 | Common Stock | 30,000 | 30,000 | D |
| Stock Option (right to buy)F4 | $14.62 | holding | — | — | — | Feb 15, 2014 | Feb 15, 2023 | Common Stock | 22,500 | 22,500 | D |
| Stock Option (right to buy)F4 | $17.75 | holding | — | — | — | Mar 1, 2015 | Mar 19, 2024 | Common Stock | 22,500 | 22,500 | D |
| Stock Option (right to buy)F4 | $17.37 | holding | — | — | — | Mar 1, 2016 | Mar 18, 2025 | Common Stock | 22,500 | 22,500 | D |
| Stock Option (right to buy)F4 | $17.28 | holding | — | — | — | Mar 1, 2017 | Mar 16, 2026 | Common Stock | 22,500 | 22,500 | D |
| Stock Option (right to buy)F5 | $29.01 | holding | — | — | — | Mar 1, 2018 | Mar 15, 2027 | Common Stock | 22,500 | 22,500 | D |
Explanation of responses
- F1Restricted shares awarded. Such shares vest in three 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.
- F3Options vest in three equal annual installments beginning on the date first exercisable.
- F4Options vest in five equal annual installments beginning on the date first exercisable.
- F5This form is being filed to correct the vesting period of this stock option award. Such option vest in three equal annual installments beginning on the first date exercisable.