4//SEC Filing
Vallacchi Grace 4
Accession 0001004702-20-000069
CIK 0001004702other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 1:22 PM ET
Size
15.8 KB
Accession
0001004702-20-000069
Insider Transaction Report
Form 4
Vallacchi Grace
Executive Vice President & CRO
Transactions
- Award
Common Stock
2020-02-28+12,230→ 42,611 total - Disposition to Issuer
Common Stock
2020-03-02−3,406→ 39,205 total - Award
Stock Option (right to buy)
2020-02-28+76,790→ 76,790 totalExercise: $20.44From: 2021-03-01Exp: 2030-02-28→ Common Stock (76,790 underlying) - Award
Common Stock
2020-02-28+3,670→ 30,381 total - Disposition to Issuer
Common Stock
2020-03-02−555→ 38,650 total
Holdings
- 9,190
Stock Option (right to buy)
Exercise: $27.40From: 2019-03-01Exp: 2028-01-24→ Common Stock (9,190 underlying) - 399(indirect: By ESOP)
Common Stock
- 50,335
Stock Option (right to buy)
Exercise: $25.20From: 2020-03-01Exp: 2029-03-01→ Common Stock (50,335 underlying)
Footnotes (6)
- [F1]Restricted shares awarded. Such shares vest in five equal annual installments beginning on March 1, 2021. Total includes other restricted shares that vest in the future.
- [F2]Restricted shares awarded. Such shares vest in five equal installments beginning on March 1, 2021 at approximately 60% or approximately 80% to 100% depending on the attainment of defined performance criteria for each of the calendar years ended 2020, 2021, 2022, 2023, and 2024, or are forfeited if threshold performance is not met. Total includes other unvested restricted shares that vest in the future.
- [F3]Represents 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, 2021, subject to the satisfaction of performance criteria. Total includes other unvested restricted shares that vest in the future.
- [F4]Represents forfeiture of unvested performance-based restricted shares, originally awarded on February 28, 2019, for failure to satisfy performance conditions. Remaining shares earned under this award will vest on each of March 1 of 2021, 2022, 2023, and 2024, subject to the satisfaction of performance criteria. Total includes other unvested shares that vest in the future.
- [F5]This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
- [F6]Options vest in five equal annual installments beginning on the date first exercisable.
Documents
Issuer
OCEANFIRST FINANCIAL CORP
CIK 0001004702
Entity typeother
Related Parties
1- filerCIK 0001733551
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 1:22 PM ET
- Size
- 15.8 KB