Oliver Edward Lewis Jr - Jun 30, 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: Jun 30, 2023
Transactions value $: $1,481
Form type: 4
Date filed: 7/5/2023, 03:37 PM
Previous filing: Jun 21, 2023
Next filing: Jul 18, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLBK	Common Stock	Award	$1.48K	+85.6	+3.37%	$17.29	2.63K	Jun 30, 2023	By Stock-Based Deferral Plan	F1
holding	CLBK	Common Stock						18.2K	Jun 30, 2023	Direct
holding	CLBK	Common Stock						4.37K	Jun 30, 2023	By ESOP
holding	CLBK	Common Stock						1.65K	Jun 30, 2023	By SERP
holding	CLBK	Common Stock						183	Jun 30, 2023	By SIM	F2
holding	CLBK	Common Stock						1.43K	Jun 30, 2023	By Stock Award	F3
holding	CLBK	Common Stock						7.84K	Jun 30, 2023	By Stock Award II	F4
holding	CLBK	Common Stock						15.9K	Jun 30, 2023	By Stock Award III	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	Jun 30, 2023	Common Stock	17.6K	$17.00	Direct	F6
holding	CLBK	Stock Options (right to buy)						57K	Jun 30, 2023	Common Stock	57K	$17.86	Direct	F7
holding	CLBK	Stock Options (right to buy)						11.6K	Jun 30, 2023	Common Stock	11.6K	$15.94	Direct	F8

* 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 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.
F6	Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in five approximately 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 approximately equal annual installments commencing on March 22, 2022.
F8	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.