Brian William Murphy - Jul 23, 2021 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role: EVP & Operations Officer
Signature: /s/ Dennis E. Gibney, Power of Attorney
Stock symbol: CLBK
Transactions as of: Jul 23, 2021
Transactions value $: -$19,573
Form type: 4
Date filed: 7/27/2021, 04:48 PM
Previous filing: Jul 20, 2021
Next filing: Aug 3, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLBK	Common Stock	Tax liability	-$19.6K	-1.11K	-17.54%	$17.57	5.24K	Jul 23, 2021	Direct	F1
holding	CLBK	Common Stock						1.95K	Jul 23, 2021	By Stock-Based Deferral Plan
holding	CLBK	Common Stock						30K	Jul 23, 2021	By 401(k)
holding	CLBK	Common Stock						100	Jul 23, 2021	By Daughter
holding	CLBK	Common Stock						3.35K	Jul 23, 2021	By ESOP
holding	CLBK	Common Stock						1.18K	Jul 23, 2021	By SERP
holding	CLBK	Common Stock						325	Jul 23, 2021	By SIM
holding	CLBK	Common Stock						25.4K	Jul 23, 2021	By Stock Award	F2

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)						77.6K	Jul 23, 2021	Common Stock	77.6K	$15.60	Direct	F3

* 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 Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in five approximately equal annual installments commencing on July 23, 2020.