Elizabeth E. Randall - 30 Dec 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
30 Dec 2022
Net transactions value
+$2,648
Form type
4
Filing time
04 Jan 2023, 14:37:06 UTC
Previous filing
06 Dec 2022
Next filing
31 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLBK Common Stock Award $2,648 +122 +2.8% $21.62 4,568 30 Dec 2022 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 20,557 30 Dec 2022 Direct
holding CLBK Common Stock 44,447 30 Dec 2022 By IRA
holding CLBK Common Stock 6,704 30 Dec 2022 By Roth IRA
holding CLBK Common Stock 13,616 30 Dec 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) 62,474 30 Dec 2022 Common Stock 62,474 $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.