0001004702-21-000067.txt : 20210302
0001004702-21-000067.hdr.sgml : 20210302
20210302114029
ACCESSION NUMBER: 0001004702-21-000067
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210226
FILED AS OF DATE: 20210302
DATE AS OF CHANGE: 20210302
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sridharan Karthik
CENTRAL INDEX KEY: 0001787869
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11713
FILM NUMBER: 21701969
MAIL ADDRESS:
STREET 1: 110 WEST FRONT STREET
CITY: RED BANK
STATE: NJ
ZIP: 07701
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: OCEANFIRST FINANCIAL CORP
CENTRAL INDEX KEY: 0001004702
STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
IRS NUMBER: 223412577
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 975 HOOPER AVE
CITY: TOMS RIVER
STATE: NJ
ZIP: 08753-8396
BUSINESS PHONE: 7322404500
MAIL ADDRESS:
STREET 1: 975 HOOPER AVENUE
CITY: TOMS RIVER
STATE: NJ
ZIP: 08723
FORMER COMPANY:
FORMER CONFORMED NAME: OCEAN FINANCIAL CORP
DATE OF NAME CHANGE: 19951208
4
1
wf-form4_161470321139620.xml
FORM 4
X0306
4
2021-02-26
0
0001004702
OCEANFIRST FINANCIAL CORP
OCFC
0001787869
Sridharan Karthik
110 WEST FRONT STREET
RED BANK
NJ
07701
0
0
0
1
EVP & CIO, OceanFirst Bank
Common Stock
2021-02-26
4
A
0
16568
0
A
45573
D
Common Stock
2021-02-26
4
A
0
13252
0
A
58825
D
Common Stock
2021-02-26
4
A
0
1223
0
D
57602
D
Stock Option (right to buy)
20.44
2021-03-01
2030-02-28
Common Stock
38395.0
38395
D
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.
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.
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.
Options vest in five equal annual installments beginning on the date first exercisable.
/s/ Steven J. Tsimbinos, Power of Attorney
2021-03-02