Elizabeth E. Randall - 30 Jul 2021 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role: Director
Signature: /s/ Dennis E. Gibney, Power of Attorney
Issuer symbol: CLBK
Transactions as of: 30 Jul 2021
Net transactions value: +$4,333
Form type: 4
Filing time: 03 Aug 2021, 14:09:50 UTC
Previous filing: 07 Jul 2021
Next filing: 31 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	Award	$4,333	+240	+14%	$18.04	1,943	30 Jul 2021	By Stock-Based Deferral Plan	F1
holding	CLBK	Common Stock						13,750	30 Jul 2021	Direct	F2
holding	CLBK	Common Stock						44,447	30 Jul 2021	By IRA
holding	CLBK	Common Stock						6,704	30 Jul 2021	By Roth IRA
holding	CLBK	Common Stock						20,423	30 Jul 2021	By Stock Award	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)						83,294	30 Jul 2021	Common Stock	83,294	$15.60	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents phantom stock purchased, on a non-discretionary basis, by the trustee of the Bank's rabbi trust maintained in connection with the Columbia Bank Stock Based Deferral Plan, a non-qualified stock-based deferral plan. Stock unit interests under the Columbia Bank Stock Based Deferral Plan will be settled in shares of stock upon distribution to the reporting person.
F2	The number of shares held directly includes certain shares that were previously held by Stock Award and that have subsequently vested.
F3	Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in five approximately equal annual installments commencing on July 23, 2020.
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.