Thomas J. Kemly - May 1, 2023 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Signature
/s/ Dennis E. Gibney, Power of Attorney
Stock symbol
CLBK
Transactions as of
May 1, 2023
Transactions value $
$0
Form type
4
Date filed
5/3/2023, 04:54 PM
Previous filing
Apr 25, 2023
Next filing
May 9, 2023

Transactions Table

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
transaction CLBK Stock Options (right to buy) Award $0 +37.9K $0.00 37.9K May 1, 2023 Common Stock 37.9K $15.94 Direct F3
holding CLBK Stock Options (right to buy) 656K May 1, 2023 Common Stock 656K $15.60 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive plan, 25% of which vest in three approximately equal annual installments commencing on May 1, 2024; and the remaining 75% of which vest upon achievement of certain specified performance-based vesting criteria, which if achieved, such Awards would vest three years after the date of the Award.
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 three approximately equal annual installments commencing on May 1, 2024.
F4 Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, vest in five equal annual installments commencing on July 23, 2020.