4//SEC Filing
Vallacchi Grace 4
Accession 0001004702-21-000069
CIK 0001004702other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 11:43 AM ET
Size
16.7 KB
Accession
0001004702-21-000069
Insider Transaction Report
Form 4
Vallacchi Grace
Executive Vice President & CRO
Transactions
- Disposition to Issuer
Common Stock
2021-02-26−1,468→ 62,378 total - Award
Common Stock
2021-02-26+16,568→ 54,000 total - Disposition to Issuer
Common Stock
2021-02-26−3,406→ 63,846 total - Award
Common Stock
2021-02-26+13,252→ 67,252 total - Disposition to Issuer
Common Stock
2021-02-26−2,446→ 59,932 total
Holdings
- 9,190
Stock Option (right to buy)
Exercise: $27.40From: 2019-03-01Exp: 2028-01-24→ Common Stock (9,190 underlying) - 720(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) - 76,790
Stock Option (right to buy)
Exercise: $20.44From: 2021-03-01Exp: 2030-02-28→ Common Stock (76,790 underlying)
Footnotes (7)
- [F1]Restricted shares awarded. Such shares vest in four equal annual installments beginning on March 1, 2022. Total includes other restricted shares that vest in the future.
- [F2]Restricted shares awarded vest in four equal installments beginning on March 1, 2022 at approximately 67% or approximately 83% to 100% depending on the attainment of defined performance criteria for each of the calendar years ended 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. 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 2022, 2023, and 2024, subject to the satisfaction of performance criteria. Total includes other unvested shares that vest in the future.
- [F5]Represents forfeiture of unvested performance-based restricted shares, originally awarded on February 28, 2020, for failure to satisfy performance conditions. Remaining shares earned under this award will vest on each of March 1 of 2022, 2023, 2024, and 2025, subject to the satisfaction of performance criteria. Total includes other unvested shares that vest in the future.
- [F6]This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
- [F7]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 1, 7:00 PM ET
- Accepted
- Mar 2, 11:43 AM ET
- Size
- 16.7 KB