SEC Form 4 · accession 0001209191-15-028094
OCEANFIRST FINANCIAL CORP · OCFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John R Garbarino
Director · Other
Period of report
Mar 18, 2015
Accepted (ET)
Mar 20, 2015 · 9:47 am 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 | Mar 18, 2015 | A | 1,850 | $0.00 | A | 90,088 | D | |
| Common Stock | holding | — | — | — | 14,445 | I | By Spouse | |
| Common Stock | holding | — | — | — | 265,277 | I | Spouse Trust | |
| Common StockF2 | holding | — | — | — | 120,515 | I | By 401(k) | |
| Common StockF2 | holding | — | — | — | 71,320 | I | By Esop | |
| Common StockF2,F3 | holding | — | — | — | 571 | I | By Matching ESOP | |
| Common Stock | holding | — | — | — | 9,584 | I | Son 2 Trust |
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) | $20.795 | holding | — | — | — | Apr 20, 2006 | Apr 20, 2015 | Common Stock | 3,806 | 3,806 | D |
| Stock Option (Right to Buy) | $23.475 | holding | — | — | — | Feb 15, 2007 | Feb 15, 2016 | Common Stock | 63,000 | 63,000 | D |
| Stock Option (Right to Buy) | $22.17 | holding | — | — | — | Feb 21, 2008 | Feb 21, 2017 | Common Stock | 60,750 | 60,750 | D |
| Stock Option (Right to Buy) | $16.81 | holding | — | — | — | Feb 20, 2009 | Feb 20, 2018 | Common Stock | 63,788 | 63,788 | D |
| Stock Option (Right to Buy) | $10.00 | holding | — | — | — | Feb 17, 2011 | Feb 17, 2020 | Common Stock | 89,305 | 89,305 | D |
| Stock Option (Right to Buy)F4 | $13.87 | holding | — | — | — | Feb 18, 2012 | Feb 18, 2021 | Common Stock | 90,000 | 90,000 | D |
| Stock Option (Right to Buy)F4 | $13.83 | holding | — | — | — | Feb 15, 2013 | Feb 15, 2022 | Common Stock | 90,000 | 90,000 | D |
| Stock Option (Right to Buy)F4 | $14.62 | holding | — | — | — | Feb 15, 2014 | Feb 15, 2023 | Common Stock | 80,000 | 80,000 | D |
| Stock Option (Right to Buy)F4 | $17.75 | holding | — | — | — | Mar 1, 2015 | Mar 19, 2024 | Common Stock | 80,000 | 80,000 | D |
Explanation of responses
- F1Restricted shares awarded. Such shares vest in five equal annual installments beginning on March 1, 2016.
- F2This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
- F3Represents shares acquired under the OceanFirst Bank Matching Contribution Employee Stock Ownership Plan established as part of a spin-off from the OceanFirst Employee Stock Ownership Plan effective December 27, 2006.
- F4Options vest in five equal annual installments beginning on the date first exercisable.