Oliver Edward Lewis Jr - Mar 24, 2023 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
Mar 24, 2023
Transactions value $
$1,481
Form type
4
Date filed
3/28/2023, 03:59 PM
Previous filing
Mar 14, 2023
Next filing
Apr 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLBK Common Stock Award $1.48K +80.1 +4.02% $18.48 2.07K Mar 24, 2023 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 18.2K Mar 24, 2023 Direct F2
holding CLBK Common Stock 4.37K Mar 24, 2023 By ESOP F3
holding CLBK Common Stock 1.65K Mar 24, 2023 By SERP F3
holding CLBK Common Stock 24 Mar 24, 2023 By SIM
holding CLBK Common Stock 1.43K Mar 24, 2023 By Stock Award F4
holding CLBK Common Stock 7.84K Mar 24, 2023 By Stock Award II F5

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 Mar 24, 2023 Common Stock 17.6K $17.00 Direct F6
holding CLBK Stock Options (right to buy) 57K Mar 24, 2023 Common Stock 57K $17.86 Direct F7
* 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 The number of shares held directly includes certain shares that were previously held by Stock Award and that have subsequently vested.
F3 This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to rule 16b-3(c).
F4 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.
F5 Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, vest in three equal annual installments commencing on March 22, 2022.
F6 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.
F7 Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, vest in three equal annual installments commencing on March 22, 2022.