AI assistant
OCEANFIRST FINANCIAL CORP — Director's Dealing 2020
Jan 2, 2020
32218_dirs_2020-01-02_6b6e5490-16fe-4442-b399-237ea2e16d22.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: OCEANFIRST FINANCIAL CORP (OCFC)
CIK: 0001004702
Period of Report: 2020-01-01
Reporting Person: MOSS WILLIAM D (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-01-01 | Common Stock | A | 11408 | — | Acquired | 11408 | Direct |
| 2020-01-01 | Common Stock | A | 6623 | — | Acquired | 6623 | Indirect |
| 2020-01-01 | Common Stock | A | 85813 | — | Acquired | 85813 | Indirect |
| 2020-01-01 | Common Stock | A | 3919 | — | Acquired | 3919 | Indirect |
| 2020-01-01 | Common Stock | A | 318 | — | Acquired | 318 | Indirect |
| 2020-01-01 | Common Stock | A | 458 | — | Acquired | 458 | Indirect |
Footnotes
F1: On January 1, 2020, pursuant to the Agreement and Plan of Merger, dated as of August 9, 2019 (the "Merger Agreement"), by and among OceanFirst Financial Corp. ("OceanFirst"), Two River Bancorp ("Two River") and Hammerhead Merger Sub Corp., a wholly-owned subsidiary of OceanFirst ("Merger Sub"), Merger Sub merged with and into Two River (the "First-Step Merger"), with Two River continuing as the surviving entity and, immediately thereafter, Two River merged with and into OceanFirst, with OceanFirst continuing as the surviving entity.
F2: (continued from footnote 1) At the effective time of the First-Step Merger (the "Effective Time"), each share of Two River common stock issued and outstanding immediately prior to the Effective Time (other than Exception Shares as defined in the Merger Agreement) was converted into the right to receive 0.6663 shares of OceanFirst common stock (the "Stock Consideration") and $5.375 in cash. Shares listed in column 4 represent the Stock Consideration that the reporting person became entitled to receive at the Effective Time.