Allyson Katz Schlesinger - Mar 10, 2023 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role
EVP & Head of Consumer Banking
Signature
/s/ Dennis E. Gibney, Power of Attorney
Stock symbol
CLBK
Transactions as of
Mar 10, 2023
Transactions value $
$1,615
Form type
4
Date filed
3/14/2023, 02:21 PM
Previous filing
Mar 7, 2023
Next filing
Mar 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLBK Common Stock Award $1.62K +83.8 +0.83% $19.28 10.2K Mar 10, 2023 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 53.4K Mar 10, 2023 Direct
holding CLBK Common Stock 3.57K Mar 10, 2023 By ESOP
holding CLBK Common Stock 3.66K Mar 10, 2023 By SERP
holding CLBK Common Stock 4.68K Mar 10, 2023 By SIM
holding CLBK Common Stock 12.7K Mar 10, 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) 155K Mar 10, 2023 Common Stock 155K $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 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 equal annual installments commencing on July 23, 2020.