# EDGAR Filing Document

**Accession Number:** 0001424070
**File Stem:** 0001004702-23-000047
**Filing Date:** 2023-3
**Character Count:** 8696
**Document Hash:** 6f08bb7d25e9826b4bd547427cd14650
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004702-23-000047.hdr.sgml**: 20230302

**ACCESSION NUMBER**: 0001004702-23-000047

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230228

**FILED AS OF DATE**: 20230302

**DATE AS OF CHANGE**: 20230302

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Lebel Joseph III
- **CENTRAL INDEX KEY:** 0001424070

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-11713
- **FILM NUMBER:** 23697181

**MAIL ADDRESS:**
- **STREET 1:** 975 HOOPER AVENUE
- **CITY:** TOMS RIVER
- **STATE:** NJ
- **ZIP:** 08754
**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

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Lebel Joseph III<br><sub>(Last) (First) (Middle)</sub><br>110 WEST FRONT STREET<br><sub>(Street)</sub><br>RED BANK, NJ 07701<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-28 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_President and COO_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>OCEANFIRST FINANCIAL CORP [ OCFC ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-02-28 |  | A |  | 20872 | A | $0 | 199803 | D<sup>(1)</sup> |  |
| Common Stock | 2023-02-28 |  | A |  | 31303 | A | $0 | 231106 | D<sup>(2)</sup> |  |
| Common Stock | 2023-03-01 |  | D |  | 2500 | D | $0 | 228606 | D<sup>(3)</sup> |  |
| Common Stock | 2023-03-01 |  | D |  | 4892 | D | $0 | 223714 | D<sup>(4)</sup> |  |
| Common Stock |  |  |  |  |  |  |  | 11270 | I | By 401(k)<sup>(5)</sup> |
| Common Stock |  |  |  |  |  |  |  | 11875 | I | By ESOP<sup>(5)</sup> |
| Common Stock |  |  |  |  |  |  |  | 783 | I | By Spouse<sup>(6)</sup> |
| Series A Redeemable Preferred Stock |  |  |  |  |  |  |  | 2000 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Stock Option (right to buy) | $14.55 |  |  |  |  |  |  | 2014-06-17 | 2023-06-17 | Common Stock | 11250.0 |  | 11250 | D |  |
| Stock Option (right to buy) | $17.75 |  |  |  |  |  |  | 2015-03-01 | 2024-03-19 | Common Stock | 4875.0 |  | 4875 | D |  |
| Stock Option (right to buy) | $17.37 |  |  |  |  |  |  | 2016-03-01 | 2025-03-18 | Common Stock | 30000.0 |  | 30000 | D |  |
| Stock Option (right to buy) | $17.28 |  |  |  |  |  |  | 2017-03-01 | 2026-03-16 | Common Stock | 37500.0 |  | 37500 | D |  |
| Stock Option (right to buy) | $29.01 |  |  |  |  |  |  | 2018-03-15 | 2027-03-15 | Common Stock | 45000.0 |  | 45000 | D |  |
| Stock Option (right to buy) | $27.4 |  |  |  |  |  |  | 2019-03-01 | 2028-01-24 | Common Stock | 15485.0 |  | 15485 | D |  |
| Stock Option (right to buy) | $25.2 |  |  |  |  |  |  | 2020-03-01 | 2029-03-01 | Common Stock | 100670.0 |  | 100670 | D<sup>(7)</sup> |  |
| Stock Option (right to buy) | $20.44 |  |  |  |  |  |  | 2021-03-01 | 2030-02-28 | Common Stock | 153585.0 |  | 153585 | D<sup>(7)</sup> |  |

---

### Footnotes:

(1) 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.

(2) 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.

(3) 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.

(4) 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.

(5) This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).

(6) This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16a-11.

(7) Options vest in five equal annual installments beginning on the date first exercisable.

**Signature:** /s/ Steven J. Tsimbinos, Power of Attorney  
**Date:** 2023-03-02

### Remarks:

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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**