SEC Form 4 · accession 0001004702-19-000055
OCEANFIRST FINANCIAL CORP · OCFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Fitzpatrick
Officer — Executive Vice President & CFO
Period of report
Feb 28, 2019
Accepted (ET)
Mar 4, 2019 · 12:18 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 | Feb 28, 2019 | A | 2,976 | $0.00 | A | 136,140 | D | |
| Common StockF2 | Mar 1, 2019 | D | 1,156 | $0.00 | D | 134,984 | D | |
| Common StockF3 | holding | — | — | — | 2,705 | I | By 401(k) | |
| Common StockF3 | holding | — | — | — | 84,061 | 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)F4 | $25.20 | Feb 28, 2019 | A | 50,337 | A | Mar 1, 2020 | Mar 1, 2029 | Common Stock | 50,337 | 50,337 | 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) | $14.62 | holding | — | — | — | Feb 15, 2014 | Feb 15, 2023 | Common Stock | 22,500 | 22,500 | D |
| Stock Option (right to buy) | $17.75 | holding | — | — | — | Mar 1, 2015 | Mar 19, 2024 | Common Stock | 22,500 | 22,500 | D |
| Stock Option (right to buy)F5 | $17.37 | holding | — | — | — | Mar 1, 2016 | Mar 18, 2025 | Common Stock | 22,500 | 22,500 | D |
| Stock Option (right to buy)F5 | $17.28 | holding | — | — | — | Mar 1, 2017 | Mar 16, 2026 | Common Stock | 22,500 | 22,500 | D |
| Stock Option (right to buy)F4 | $29.01 | holding | — | — | — | Mar 1, 2018 | Mar 15, 2027 | Common Stock | 22,500 | 22,500 | D |
| Stock Option (right to buy)F4 | $27.40 | holding | — | — | — | Mar 1, 2019 | Jan 24, 2028 | Common Stock | 7,767 | 7,767 | D |
Explanation of responses
- F1Restricted shares awarded. Such shares vest in three equal annual installments beginning on March 1, 2020. Total includes other restricted shares that vest in the future.
- F2Represents forfeiture of unvested performance-based restricted shares, originally awarded on January 24, 2018, for failure to satisfy performance conditions. Remaining shares earned under this award will vest on March 1 of 2020 and 2021, subject to the satisfaction of performance criteria. Total includes other unvested restricted shares that vest in the future.
- F3This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
- F4Options vest in three equal annual installments beginning on the date first exercisable.
- F5Options vest in five equal annual installments beginning on the date first exercisable.