SEC Form 4 · accession 0001209191-16-136298
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
Aug 9, 2016
Accepted (ET)
Aug 10, 2016 · 3:20 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,F2 | Aug 9, 2016 | S | 10,000 | $18.84 | D | 277,536 | D | |
| Common StockF2 | Aug 10, 2016 | G | 7,000 | $0.00 | D | 270,536 | D | |
| Common Stock | holding | — | — | — | 14,445 | I | By Spouse | |
| Common Stock | holding | — | — | — | 265,277 | I | Spouse Trust | |
| 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) | $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) | $13.87 | holding | — | — | — | Feb 18, 2012 | Feb 18, 2021 | Common Stock | 90,000 | 90,000 | D |
| Stock Option (Right to Buy)F3 | $13.83 | holding | — | — | — | Feb 15, 2013 | Feb 15, 2022 | Common Stock | 90,000 | 90,000 | D |
| Stock Option (Right to Buy)F3 | $14.62 | holding | — | — | — | Feb 15, 2014 | Feb 15, 2023 | Common Stock | 80,000 | 80,000 | D |
| Stock Option (Right to Buy)F3 | $17.75 | holding | — | — | — | Mar 1, 2015 | Mar 19, 2024 | Common Stock | 80,000 | 80,000 | D |
Explanation of responses
- F1This price represents the average price for multiple transactions reported on this line in the aggregate. The price of such transactions range from $18.82 to 18.875.
- F2Total includes shares of restricted stock that vest in the future.
- F3Options vest in five equal annual installments beginning on the date first exercisable.