Sec Form 4 Filing - Tsimbinos Steven James @ OCEANFIRST FINANCIAL CORP - 2020-11-04

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Tsimbinos Steven James
2. Issuer Name and Ticker or Trading Symbol
OCEANFIRST FINANCIAL CORP [ OCFC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Executive VP/Corp. Secretary
(Last) (First) (Middle)
110 WEST FRONT STREET
3. Date of Earliest Transaction (MM/DD/YY)
11/04/2020
(Street)
RED BANK, NJ07701
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/04/2020 P 300 A $ 14.585 73,966 D ( 1 )
Series A Redeemable Preferred Stock ( 2 ) 1,000 D
Common Stock 3,721 I By ESOP ( 3 )
Common Stock 5,392 I By 401(k) ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 13.87 02/18/2012 02/18/2021 Common Stock 4,125 4,125 D
Stock Option (right to buy) $ 13.83 02/15/2013 02/15/2022 Common Stock 10,125 10,125 D
Stock Option (right to buy) $ 14.62 02/15/2014 02/15/2023 Common Stock 11,250 11,250 D
Stock Option $ 17.75 03/01/2015 03/19/2024 Common Stock 13,125 13,125 D
Stock Option (Right to Buy $ 17.37 03/01/2016 03/18/2025 Common Stock 13,125 13,125 D
Stock Option (right to buy) $ 17.28 03/01/2017 03/16/2026 Common Stock 15,000 15,000 D ( 4 )
Stock Option (right to buy) $ 29.01 03/01/2018 03/15/2027 Common Stock 37,500 37,500 D ( 4 )
Stock Option (right to buy) $ 27.4 03/01/2019 01/24/2028 Common Stock 12,915 12,915 D ( 4 )
Stock Option (right to buy) $ 25.2 03/01/2020 03/01/2029 Common Stock 50,335 50,335 D ( 4 )
Stock Option (right to buy) $ 20.44 03/01/2021 02/28/2030 Common Stock 76,790 76,790 D ( 4 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Tsimbinos Steven James
110 WEST FRONT STREET
RED BANK, NJ07701
Executive VP/Corp. Secretary
Signatures
/s/ Steven J. Tsimbinos 11/04/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Total includes shares of restricted Common stock that have not yet vested.
( 2 )The actual title of this share class is "Depository shares, each representing a 1/40th Interest in a share of its 7.00 % Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A, par value $0.01 per share".
( 3 )This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
( 4 )Options vest in five equal annual installments beginning on the date first exercisable.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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