Manesh Balachandran Prabhu - 01 May 2023 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role
EVP & CIO
Signature
/s/ Dennis E. Gibney, Power of Attorney
Issuer symbol
CLBK
Transactions as of
01 May 2023
Net transactions value
$0
Form type
4
Filing time
03 May 2023, 16:55:18 UTC
Previous filing
02 Nov 2022
Next filing
02 Nov 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 $0 +11,628 $0.000000 11,628 01 May 2023 By Stock Award II F1
holding CLBK Common Stock 4,654 01 May 2023 By Stock Award F2
holding CLBK Common Stock 82 01 May 2023 By 401(k) F3

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 +8,459 $0.000000 8,459 01 May 2023 Common Stock 8,459 $15.94 Direct F4
holding CLBK Stock Options (right to buy) 12,985 01 May 2023 Common Stock 12,985 $20.54 Direct F5
* 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, which vest in three equal annual installments commencing on October 31, 2023.
F3 This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to rule 16b-3(c).
F4 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.
F5 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.