Matthew William Rickert - Jan 13, 2023 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role: EVP & Chief Credit Officer
Signature: /s/ Dennis E. Gibney, Power of Attorney
Stock symbol: CLBK
Transactions as of: Jan 13, 2023
Transactions value $: $1,250
Form type: 4
Date filed: 1/18/2023, 08:18 AM
Previous filing: Nov 2, 2022
Next filing: Jan 31, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLBK	Common Stock	Award	$1.25K	+56.8		$22.01	56.8	Jan 13, 2023	By Stock-Based Deferral Plan	F1
holding	CLBK	Common Stock						57.9	Jan 13, 2023	By 401(k)	F2
holding	CLBK	Common Stock						4.87K	Jan 13, 2023	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)						13.9K	Jan 13, 2023	Common Stock	13.9K	$20.54	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	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 vest in three equal annual installments commencing on October 31, 2023.
F4	Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, which vest in three equal annual installments commencing on October 31, 2023.