Mark S. Krukar - Feb 11, 2022 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role
EVP & Chief Credit Officer
Signature
/s/ Dennis E. Gibney, Power of Attorney
Stock symbol
CLBK
Transactions as of
Feb 11, 2022
Transactions value $
$796
Form type
4
Date filed
2/14/2022, 01:50 PM
Previous filing
Feb 1, 2022
Next filing
Mar 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLBK Common Stock Award $796 +37 +0.44% $21.52 8.51K Feb 11, 2022 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 21.5K Feb 11, 2022 Direct
holding CLBK Common Stock 25.4K Feb 11, 2022 By 401(k)
holding CLBK Common Stock 3.35K Feb 11, 2022 By ESOP
holding CLBK Common Stock 2.96K Feb 11, 2022 By SERP
holding CLBK Common Stock 4.76K Feb 11, 2022 By SIM
holding CLBK Common Stock 46.2K Feb 11, 2022 By Stock Award F2

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) 141K Feb 11, 2022 Common Stock 141K $15.60 Direct 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 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.
F3 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.