Matthew William Rickert - 22 Sep 2023 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role
EVP & Chief Credit Officer
Signature
/s/ Dennis E. Gibney, Power of Attorney
Issuer symbol
CLBK
Transactions as of
22 Sep 2023
Net transactions value
+$1,250
Form type
4
Filing time
26 Sep 2023, 16:58:49 UTC
Previous 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 $1,250 +81 +6.7% $15.50 1,281 22 Sep 2023 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 322 22 Sep 2023 By 401(k)
holding CLBK Common Stock 4,869 22 Sep 2023 By Stock Award F2
holding CLBK Common Stock 10,336 22 Sep 2023 By Stock Award II F3

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) 13,850 22 Sep 2023 Common Stock 13,850 $20.54 Direct F4
holding CLBK Stock Options (right to buy) 7,519 22 Sep 2023 Common Stock 7,519 $15.94 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Matthew William Rickert is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan which vest in three equal annual installments commencing on October 31, 2023.
F3 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.
F4 Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three equal annual installments commencing on October 31, 2023.
F5 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.