Thomas J. Kemly - Oct 8, 2021 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role
President & CEO, Director
Signature
/s/ Dennis E. Gibney, Power of Attorney
Stock symbol
CLBK
Transactions as of
Oct 8, 2021
Transactions value $
$3,150
Form type
4
Date filed
10/13/2021, 09:26 AM
Previous filing
Sep 28, 2021
Next filing
Oct 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLBK Common Stock Award $3.15K +167 +0.37% $18.82 45.9K Oct 8, 2021 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 92.2K Oct 8, 2021 Direct F2
holding CLBK Common Stock 40.9K Oct 8, 2021 By 401(k)
holding CLBK Common Stock 7.76K Oct 8, 2021 By Daughter (JEK)
holding CLBK Common Stock 3.35K Oct 8, 2021 By ESOP
holding CLBK Common Stock 16.6K Oct 8, 2021 By SERP
holding CLBK Common Stock 41.6K Oct 8, 2021 By SIM
holding CLBK Common Stock 5.93K Oct 8, 2021 By Spouse
holding CLBK Common Stock 215K Oct 8, 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) 656K Oct 8, 2021 Common Stock 656K $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 Since the reporting person's last report shares previously reported as being held by the reporting individual's sons, are no longer considered beneficially owned by the reporting individual. The reporting individual's sons have since moved out of the household.
F3 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.
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.