Allyson Katz Schlesinger - Nov 19, 2021 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role
EVP & Head of Consumer Banking
Signature
/s/ Dennis E. Gibney, Power of Attorney
Stock symbol
CLBK
Transactions as of
Nov 19, 2021
Transactions value $
$1,462
Form type
4
Date filed
11/23/2021, 10:12 AM
Previous filing
Nov 9, 2021
Next filing
Dec 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLBK Common Stock Award $1.46K +77 +1.26% $18.98 6.21K Nov 19, 2021 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 20K Nov 19, 2021 Direct
holding CLBK Common Stock 2.42K Nov 19, 2021 By ESOP
holding CLBK Common Stock 2.28K Nov 19, 2021 By SERP
holding CLBK Common Stock 1.87K Nov 19, 2021 By SIM F2
holding CLBK Common Stock 50.8K Nov 19, 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) 155K Nov 19, 2021 Common Stock 155K $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 This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to rule 16b-3(c).
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.