Noel R. Holland - 06 May 2022 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role: Director
Signature: /s/ Dennis E. Gibney, Power of Attorney
Issuer symbol: CLBK
Transactions as of: 06 May 2022
Net transactions value: +$956
Form type: 4
Filing time: 10 May 2022, 16:17:46 UTC
Previous filing: 29 Mar 2022
Next filing: 07 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLBK	Common Stock	Award	$956	+49	+0.55%	$19.65	8,891	06 May 2022	By Stock-Based Deferral Plan	F1
holding	CLBK	Common Stock						15,615	06 May 2022	Direct
holding	CLBK	Common Stock						48,000	06 May 2022	By SEP-IRA
holding	CLBK	Common Stock						20,423	06 May 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)						83,294	06 May 2022	Common Stock	83,294	$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 vest in five approximately equal annual installments commencing on July 23, 2020.
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.