SEC Form 4 · accession 0001004702-18-000097
OCEANFIRST FINANCIAL CORP · OCFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Devlin
Director
Period of report
May 2, 2018
Accepted (ET)
May 4, 2018 · 3:25 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 2, 2018 | M | 20,547 | $9.70 | A | 147,490 | D | |
| Common Stock, par value $0.01 per shareF2,F1 | May 2, 2018 | S | 20,547 | $27.0002 | D | 126,943 | D | |
| Common Stock, par value $0.01 per share | May 2, 2018 | S | 51,311 | $27.00 | D | 0 | I | By IRA |
| Common Stock, par value $0.01 per share | May 2, 2018 | S | 6,375 | $27.00 | D | 15,662 | I | By spouse |
| Common StockF1 | May 3, 2018 | M | 18,000 | $9.70 | A | 144,943 | D | |
| Common Stock, par value $0.01 per shareF3,F1 | May 3, 2018 | S | 18,000 | $27.0262 | D | 126,943 | D | |
| Common StockF1 | May 4, 2018 | M | 1,453 | $9.70 | A | 128,396 | D | |
| Common Stock, par value $0.01 per shareF1,F4 | May 4, 2018 | S | 1,453 | $27.00 | D | 126,943 | D |
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) | $9.70 | May 2, 2018 | M | 20,547 | D | Jun 15, 2011 | Jun 12, 2020 | Common Stock | 20,547 | 66,162 | D |
| Stock Option (right to buy) | $9.70 | May 3, 2018 | M | 18,000 | D | Jun 15, 2011 | Jun 12, 2020 | Common Stock | 18,000 | 48,162 | D |
| Stock Option (right to buy) | $9.70 | May 4, 2018 | M | 1,453 | D | Jun 15, 2011 | Jun 12, 2020 | Common Stock | 1,453 | 46,709 | 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 $27.00 to $27.02. 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 transaction was executed in multiple trades at prices ranging from $27.00 to $27.12. 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.
- F4Mr. Devlin previously reported 956 shares for each of his three daughters by virtue of dispositive power of a Power of Attorney, which has since been revoked. Accordingly, such shares are no longer being reported by Mr. Devlin.