Noel R. Holland - Dec 2, 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
Dec 2, 2022
Transactions value $
$731
Form type
4
Date filed
12/6/2022, 03:18 PM
Previous filing
Nov 8, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLBK Common Stock Award $731 +33.9 +0.37% $21.60 9.15K Dec 2, 2022 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 22.4K Dec 2, 2022 Direct
holding CLBK Common Stock 48K Dec 2, 2022 By SEP-IRA
holding CLBK Common Stock 13.6K Dec 2, 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) 83.3K Dec 2, 2022 Common Stock 83.3K $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.