Oliver Edward Lewis Jr - Dec 30, 2022 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role: EVP & Head Commercial Banking
Signature: /s/ Dennis E. Gibney, Power of Attorney
Stock symbol: CLBK
Transactions as of: Dec 30, 2022
Transactions value $: $707
Form type: 4
Date filed: 1/4/2023, 02:37 PM
Previous filing: Dec 20, 2022
Next filing: Jan 18, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLBK	Common Stock	Award	$707	+32.7	+2.04%	$21.62	1.63K	Dec 30, 2022	By Stock-Based Deferral Plan	F1
holding	CLBK	Common Stock						10.3K	Dec 30, 2022	Direct
holding	CLBK	Common Stock						3.41K	Dec 30, 2022	By ESOP
holding	CLBK	Common Stock						626	Dec 30, 2022	By SERP
holding	CLBK	Common Stock						23	Dec 30, 2022	By SIM	F2
holding	CLBK	Common Stock						1.43K	Dec 30, 2022	By Stock Award	F3
holding	CLBK	Common Stock						15.7K	Dec 30, 2022	By Stock Award II	F4

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)						17.6K	Dec 30, 2022	Common Stock	17.6K	$17.00	Direct	F5
holding	CLBK	Stock Options (right to buy)						57K	Dec 30, 2022	Common Stock	57K	$17.86	Direct	F6

* 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	This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to rule 16b-3(c).
F3	Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, which vests in approximately five equal annual installments commencing on July 23, 2020.
F4	Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, vest in three equal annual installments commencing on March 22, 2022.
F5	Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, which vests in approximately five equal annual installments commencing on July 23, 2020.
F6	Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, vest in three equal annual installments commencing on March 22, 2022.