Noel R. Holland - Jan 27, 2023 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
Jan 27, 2023
Transactions value $
$731
Form type
4
Date filed
1/31/2023, 03:08 PM
Previous filing
Jan 4, 2023
Next filing
Mar 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLBK Common Stock Award $731 +36.3 +0.4% $20.13 9.22K Jan 27, 2023 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 24.1K Jan 27, 2023 Direct F2
holding CLBK Common Stock 46.3K Jan 27, 2023 By SEP-IRA F2
holding CLBK Common Stock 13.6K Jan 27, 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) 83.3K Jan 27, 2023 Common Stock 83.3K $15.60 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 Since the date of the reporting person's last report, 1,720 shares previously held indirectly have been transferred to direct ownership. This transaction is exempt from Section 16 pursuant to Rule 16a-13.
F3 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.
F4 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.