William Justin Jennings - Dec 1, 2023 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role
EVP, Operations Officer
Signature
/s/ Dennis E. Gibney, Power of Attorney
Stock symbol
CLBK
Transactions as of
Dec 1, 2023
Transactions value $
$1,000
Form type
4
Date filed
12/5/2023, 04:49 PM
Previous filing
Nov 21, 2023
Next filing
Dec 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLBK Common Stock Award $1K +57.8 +3.28% $17.29 1.82K Dec 1, 2023 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 3.23K Dec 1, 2023 Direct
holding CLBK Common Stock 966 Dec 1, 2023 By ESOP
holding CLBK Common Stock 105 Dec 1, 2023 By SERP
holding CLBK Common Stock 12.4K Dec 1, 2023 By Stock Award F2

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) 41.5K Dec 1, 2023 Common Stock 41.5K $21.79 Direct F3
* 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 Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, vest in three equal annual installments commencing on March 21, 2023.
F3 Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three equal annual installments commencing on March 21, 2023.