Lucy Sorrentini - 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 $
$4,333
Form type
4
Date filed
12/6/2022, 03:20 PM
Previous filing
Nov 23, 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 $4.33K +201 +3.77% $21.60 5.52K Dec 2, 2022 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 1.41K Dec 2, 2022 Direct
holding CLBK Common Stock 2.21K Dec 2, 2022 By Stock Award F2
holding CLBK Common Stock 2.29K Dec 2, 2022 By Stock Award II 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 three approximately equal annual installments commencing on December 14, 2021.
F3 Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan will vest on November 21, 2023, one year from the date of grant.