Lucy Sorrentini - Oct 8, 2021 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role
Director
Signature
/s/ Dennis E. Gibney, Power of Attorney
Stock symbol
CLBK
Transactions as of
Oct 8, 2021
Transactions value $
$5,633
Form type
4
Date filed
10/13/2021, 09:25 AM
Previous filing
Aug 31, 2021
Next filing
Nov 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLBK Common Stock Award $5.63K +299 +14.74% $18.82 2.33K Oct 8, 2021 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 300 Oct 8, 2021 Direct
holding CLBK Common Stock 3.32K Oct 8, 2021 By Stock Award F2
* 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 Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on December 14, 2021.