Oliver Edward Lewis Jr. - 23 Jul 2021 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role
EVP & Head Commercial Banking
Signature
/s/ Dennis E. Gibney, Power of Attorney
Issuer symbol
CLBK
Transactions as of
23 Jul 2021
Net transactions value
-$4,410
Form type
4
Filing time
27 Jul 2021, 16:47:45 UTC
Previous filing
20 Jul 2021
Next filing
03 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLBK Common Stock Tax liability $4,410 -251 -21% $17.57 954 23 Jul 2021 Direct F1
holding CLBK Common Stock 345 23 Jul 2021 By Stock-Based Deferral Plan
holding CLBK Common Stock 2,256 23 Jul 2021 By ESOP
holding CLBK Common Stock 5,718 23 Jul 2021 By Stock Award F2
holding CLBK Common Stock 23,516 23 Jul 2021 By Stock Award II F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CLBK Stock Options (right to buy) 17,647 23 Jul 2021 Common Stock 17,647 $17.00 Direct F4
holding CLBK Stock Options (right to buy) 57,026 23 Jul 2021 Common Stock 57,026 $17.86 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of shares held directly includes certain shares that were previously held by Stock Award and that have subsequently vested.
F2 Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, 50% of which vest in five approximately equal annual installments commencing on July 23, 2020; and the remaining 50% of which vest upon achievement of certain specified performance-based vesting criteria, which if achieved, such Awards would vest three years after the date of the Award.
F3 Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on March 22, 2022.
F4 Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in five approximately equal annual installments commencing on July 23, 2020.
F5 Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on March 22, 2022.