Oliver Edward Lewis Jr. - 21 Apr 2023 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role
EVP & Head Commercial Banking
Signature
/s/ Dennis E. Gibney, Power of Attorney
Issuer symbol
CLBK
Transactions as of
21 Apr 2023
Net transactions value
+$1,481
Form type
4
Filing time
25 Apr 2023, 17:10:08 UTC
Previous filing
11 Apr 2023
Next filing
03 May 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 $1,481 +77 +3.6% $19.27 2,232 21 Apr 2023 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 18,167 21 Apr 2023 Direct
holding CLBK Common Stock 4,371 21 Apr 2023 By ESOP
holding CLBK Common Stock 1,649 21 Apr 2023 By SERP
holding CLBK Common Stock 51 21 Apr 2023 By SIM F2
holding CLBK Common Stock 1,430 21 Apr 2023 By Stock Award F3
holding CLBK Common Stock 7,839 21 Apr 2023 By Stock Award II F4

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) 17,647 21 Apr 2023 Common Stock 17,647 $17.00 Direct F5
holding CLBK Stock Options (right to buy) 57,026 21 Apr 2023 Common Stock 57,026 $17.86 Direct F6
* 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 vests in approximately five equal annual installments commencing on July 23, 2020.
F4 Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, vest in three equal annual installments commencing on March 22, 2022.
F5 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.
F6 Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, vest in three equal annual installments commencing on March 22, 2022.