John Klimowich - 23 Jul 2022 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role: EVP & Chief Risk Officer
Signature: /s/ Dennis E. Gibney, Power of Attorney
Issuer symbol: CLBK
Transactions as of: 23 Jul 2022
Net transactions value: -$397,809
Form type: 4
Filing time: 26 Jul 2022, 16:30:07 UTC
Previous filing: 19 Jul 2022
Next filing: 02 Aug 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	Tax liability	$397,809	-17,976	-27%	$22.13	47,886	23 Jul 2022	Direct	F1
holding	CLBK	Common Stock						3,698	23 Jul 2022	By Stock-Based Deferral Plan
holding	CLBK	Common Stock						17,151	23 Jul 2022	By 401(k)
holding	CLBK	Common Stock						4,509	23 Jul 2022	By ESOP
holding	CLBK	Common Stock						4,741	23 Jul 2022	By SERP
holding	CLBK	Common Stock						3,754	23 Jul 2022	By SIM
holding	CLBK	Common Stock						15,385	23 Jul 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)						188,235	23 Jul 2022	Common Stock	188,235	$15.60	Direct	F3

* 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, vest in five 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 equal annual installments commencing on July 23, 2020.