Mayra Liseth Rinaldi - Jul 23, 2023 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role: EVP, Corp Governance & Culture
Signature: /s/ Dennis E. Gibney, Power of Attorney
Stock symbol: CLBK
Transactions as of: Jul 23, 2023
Transactions value $: -$11,985
Form type: 4
Date filed: 7/25/2023, 05:28 PM
Previous filing: May 3, 2023
Next filing: Mar 8, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLBK	Common Stock	Tax liability	-$12K	-656	-4.12%	$18.27	15.3K	Jul 23, 2023	Direct	F1
holding	CLBK	Common Stock						4.66K	Jul 23, 2023	By ESOP
holding	CLBK	Common Stock						7.25K	Jul 23, 2023	By 401(k)
holding	CLBK	Common Stock						200	Jul 23, 2023	By UTMA Custodian for Daughter
holding	CLBK	Common Stock						40	Jul 23, 2023	By UTMA Custodian for God Daughter
holding	CLBK	Common Stock						1.62K	Jul 23, 2023	By Spouse - IRA
holding	CLBK	Common Stock						2.02K	Jul 23, 2023	By Stock Award	F2
holding	CLBK	Common Stock						10.3K	Jul 23, 2023	By Stock Award II	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
transaction	CLBK	Stock Options (right to buy)	Award	$0	0	0%	$0.00^*	7.52K	Jul 25, 2023	Common Stock	7.52K	$15.94	Direct	F3
holding	CLBK	Stock Options (right to buy)						49.4K	Jul 23, 2023	Common Stock	49.4K	$15.60	Direct	F4

* 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, 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.
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.