4//SEC Filing
ESTEP MICHELE B 4
Accession 0001004702-23-000043
CIK 0001004702other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 11:24 AM ET
Size
16.1 KB
Accession
0001004702-23-000043
Insider Transaction Report
Form 4
ESTEP MICHELE B
Other
Transactions
- Award
Common Stock
2023-02-28+11,384→ 117,277 total - Disposition to Issuer
Common Stock
2023-03-01−1,468→ 132,884 total - Award
Common Stock
2023-02-28+17,075→ 134,352 total - Disposition to Issuer
Common Stock
2023-03-01−2,446→ 130,438 total
Holdings
- 76,790
Stock Option (right to buy)
Exercise: $20.44From: 2021-03-01Exp: 2030-02-28→ Common Stock (76,790 underlying) - 7,503
Stock Option (right to buy)
Exercise: $20.79From: 2017-03-26Exp: 2025-03-26→ Common Stock (7,503 underlying) - 7,875
Stock Option (right to buy)
Exercise: $22.69From: 2018-03-01Exp: 2026-03-01→ Common Stock (7,875 underlying) - 2,225(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 four equal annual installments beginning on March 1, 2024. Total includes other restricted shares that vest in the future.
- [F2]Restricted shares awarded. Such shares vest on March 1, 2026 at approximately 33% to 100% depending on the attainment of defined performance criteria for the three year period from January 1, 2023 through December 31, 2025, 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 February 28, 2019, for failure to satisfy performance conditions. Remaining shares earned under this award will vest on March 1, 2024, subject to the satisfaction of performance criteria. Total includes other unvested shares that vest in the future.
- [F4]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 2024 and 2025, 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 0001577826
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 11:24 AM ET
- Size
- 16.1 KB