Elizabeth E. Randall - 11 Aug 2023 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role
Director
Signature
/s/ Dennis E. Gibney, Power of Attorney
Issuer symbol
CLBK
Transactions as of
11 Aug 2023
Net transactions value
+$2,323
Form type
4
Filing time
15 Aug 2023, 13:59:15 UTC
Previous filing
05 Jul 2023
Next filing
12 Sep 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 $2,323 +130 +2.4% $17.86 5,508 11 Aug 2023 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 27,365 11 Aug 2023 Direct F2
holding CLBK Common Stock 44,447 11 Aug 2023 By IRA
holding CLBK Common Stock 6,704 11 Aug 2023 By Roth IRA
holding CLBK Common Stock 6,808 11 Aug 2023 By Stock Award F3
holding CLBK Common Stock 2,743 11 Aug 2023 By Stock Award II F4

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) 62,474 11 Aug 2023 Common Stock 62,474 $15.60 Direct F5
* 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 The number of shares held directly includes certain shares that were previously held by Stock Award and that have subsequently vested.
F3 Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in five approximately equal annual installments commencing on July 23, 2020.
F4 Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive plan which vest in one year on June 20, 2024.
F5 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.