Noel R. Holland - Aug 12, 2022 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
Aug 12, 2022
Transactions value $
$806
Form type
4
Date filed
8/16/2022, 02:38 PM
Previous filing
Jul 6, 2022
Next filing
Aug 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLBK Common Stock Award $806 +36.4 +0.41% $22.17 9.01K Aug 12, 2022 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 22.4K Aug 12, 2022 Direct F2
holding CLBK Common Stock 48K Aug 12, 2022 By SEP-IRA
holding CLBK Common Stock 13.6K Aug 12, 2022 By Stock Award 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) 83.3K Aug 12, 2022 Common Stock 83.3K $15.60 Direct F4
* 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 five approximately equal annual installments commencing on July 23, 2020.
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.