Manesh Balachandran Prabhu - Oct 31, 2023 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role
EVP & CIO
Signature
/s/ Dennis E. Gibney, Power of Attorney
Stock symbol
CLBK
Transactions as of
Oct 31, 2023
Transactions value $
-$10,095
Form type
4
Date filed
11/2/2023, 04:47 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 -$10.1K -627 -41.22% $16.10 894 Oct 31, 2023 Direct F1
holding CLBK Common Stock 313 Oct 31, 2023 By 401(k) F2
holding CLBK Common Stock 3.04K Oct 31, 2023 By Stock Award F3
holding CLBK Common Stock 11.6K Oct 31, 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) 13K Oct 31, 2023 Common Stock 13K $20.54 Direct F5
holding CLBK Stock Options (right to buy) 8.46K Oct 31, 2023 Common Stock 8.46K $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 shares that were previously held by Stock Award and that have subsequently vested.
F2 This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to rule 16b-3(c).
F3 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.
F4 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.
F5 Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, which vest in three equal annual installments commencing on October 31, 2023.
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.