Oliver Edward Lewis Jr - Jul 23, 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
Jul 23, 2023
Transactions value $
-$4,476
Form type
4
Date filed
7/25/2023, 05:24 PM
Previous filing
Jul 18, 2023
Next filing
Aug 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLBK Common Stock Tax liability -$4.48K -245 -1.3% $18.27 18.6K Jul 23, 2023 Direct F1
holding CLBK Common Stock 2.71K Jul 23, 2023 By Stock-Based Deferral Plan
holding CLBK Common Stock 4.37K Jul 23, 2023 By ESOP
holding CLBK Common Stock 1.65K Jul 23, 2023 By SERP
holding CLBK Common Stock 203 Jul 23, 2023 By SIM
holding CLBK Common Stock 715 Jul 23, 2023 By Stock Award F2
holding CLBK Common Stock 7.84K Jul 23, 2023 By Stock Award II F3
holding CLBK Common Stock 15.9K Jul 23, 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) 17.6K Jul 23, 2023 Common Stock 17.6K $17.00 Direct F4
holding CLBK Stock Options (right to buy) 57K Jul 23, 2023 Common Stock 57K $17.86 Direct F5
holding CLBK Stock Options (right to buy) 11.6K Jul 23, 2023 Common Stock 11.6K $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.