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

Role: EVP & CIO
Signature: /s/ Dennis E. Gibney, Power of Attorney
Issuer symbol: CLBK
Transactions as of: 31 Oct 2023
Net transactions value: -$10,095
Form type: 4
Filing time: 02 Nov 2023, 16:47:46 UTC
Previous filing: 03 May 2023
Next filing: 08 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLBK	Common Stock	Tax liability	$10,095	-627	-41%	$16.10	894	31 Oct 2023	Direct	F1
holding	CLBK	Common Stock						313	31 Oct 2023	By 401(k)	F2
holding	CLBK	Common Stock						3,043	31 Oct 2023	By Stock Award	F3
holding	CLBK	Common Stock						11,628	31 Oct 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)						12,985	31 Oct 2023	Common Stock	12,985	$20.54	Direct	F5
holding	CLBK	Stock Options (right to buy)						8,459	31 Oct 2023	Common Stock	8,459	$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.