Lucy Sorrentini - Dec 31, 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
Dec 31, 2021
Transactions value $
$4,983
Form type
4
Date filed
1/4/2022, 02:39 PM
Previous filing
Dec 7, 2021
Next filing
Feb 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLBK Common Stock Award $4.98K +239 +8.52% $20.86 3.04K Dec 31, 2021 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 1.41K Dec 31, 2021 Direct F2
holding CLBK Common Stock 2.21K Dec 31, 2021 By Stock Award F3
* 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 three approximately equal annual installments commencing on December 14, 2021.