Oliver Edward Lewis Jr - Mar 22, 2022 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role: EVP & Head Commercial Banking
Signature: /s/ Dennis E. Gibney, Power of Attorney
Stock symbol: CLBK
Transactions as of: Mar 22, 2022
Transactions value $: -$60,104
Form type: 4
Date filed: 3/24/2022, 01:45 PM
Previous filing: Mar 15, 2022
Next filing: Mar 29, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLBK	Common Stock	Tax liability	-$60.1K	-2.75K	-31.3%	$21.84	6.04K	Mar 22, 2022	Direct	F1
holding	CLBK	Common Stock						937	Mar 22, 2022	By Stock-Based Deferral Plan
holding	CLBK	Common Stock						2.26K	Mar 22, 2022	By ESOP
holding	CLBK	Common Stock						5.72K	Mar 22, 2022	By Stock Award	F2
holding	CLBK	Common Stock						15.7K	Mar 22, 2022	By Stock Award II	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)						17.6K	Mar 22, 2022	Common Stock	17.6K	$17.00	Direct	F4
holding	CLBK	Stock Options (right to buy)						57K	Mar 22, 2022	Common Stock	57K	$17.86	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The number of shares held directly includes certain shares that were previously held by Stock Award and that have subsequently vested.
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 Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on March 22, 2022.
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.
F5	Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on March 22, 2022.