Oliver Edward Lewis Jr. - 23 Jul 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
23 Jul 2023
Net transactions value
-$4,476
Form type
4
Filing time
25 Jul 2023, 17:24:54 UTC
Previous filing
18 Jul 2023
Next filing
01 Aug 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 Tax liability $4,476 -245 -1.3% $18.27 18,637 23 Jul 2023 Direct F1
holding CLBK Common Stock 2,711 23 Jul 2023 By Stock-Based Deferral Plan
holding CLBK Common Stock 4,371 23 Jul 2023 By ESOP
holding CLBK Common Stock 1,649 23 Jul 2023 By SERP
holding CLBK Common Stock 203 23 Jul 2023 By SIM
holding CLBK Common Stock 715 23 Jul 2023 By Stock Award F2
holding CLBK Common Stock 7,839 23 Jul 2023 By Stock Award II F3
holding CLBK Common Stock 15,917 23 Jul 2023 By Stock Award III F7

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 23 Jul 2023 Common Stock 17,647 $17.00 Direct F4
holding CLBK Stock Options (right to buy) 57,026 23 Jul 2023 Common Stock 57,026 $17.86 Direct F5
holding CLBK Stock Options (right to buy) 11,579 23 Jul 2023 Common Stock 11,579 $15.94 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of shares held directly includes certain shares that were previously held by Stock Award and that have subsequently vested.
F2 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.
F3 Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three equal annual installments commencing on March 22, 2022.
F4 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.
F5 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.
F6 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.
F7 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.