Jenifer White Walden - 24 Feb 2023 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role: EVP & CHRO
Signature: /s/ Dennis E. Gibney, Power of Attorney
Issuer symbol: CLBK
Transactions as of: 24 Feb 2023
Net transactions value: +$529
Form type: 4
Filing time: 28 Feb 2023, 12:39:59 UTC
Previous filing: 14 Feb 2023
Next filing: 14 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLBK	Common Stock	Award	$529	+25	+33%	$21.00	101	24 Feb 2023	By Stock-Based Deferral Plan	F1
holding	CLBK	Common Stock						1,947	24 Feb 2023	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)						5,540	24 Feb 2023	Common Stock	5,540	$20.54	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, which vest in three equal annual installments commencing on October 31, 2023.
F3	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.