Manesh Balachandran Prabhu - May 1, 2024 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
May 1, 2024
Transactions value $
-$4,890
Form type
4
Date filed
5/3/2024, 12:59 PM
Previous filing
Mar 20, 2024
Next filing
Nov 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLBK Common Stock Tax liability -$4.89K -332 -17.82% $14.73 1.53K May 1, 2024 Direct F1
holding CLBK Common Stock 216 May 1, 2024 By Stock-Based Deferral Plan
holding CLBK Common Stock 690 May 1, 2024 By 401(k) F2
holding CLBK Common Stock 982 May 1, 2024 By ESOP
holding CLBK Common Stock 117 May 1, 2024 By SERP
holding CLBK Common Stock 3.04K May 1, 2024 By Stock Award F3
holding CLBK Common Stock 10.7K May 1, 2024 By Stock Award II F4
holding CLBK Common Stock 12.3K May 1, 2024 By Stock Award III F5

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 May 1, 2024 Common Stock 13K $20.54 Direct F6
holding CLBK Stock Options (right to buy) 8.46K May 1, 2024 Common Stock 8.46K $15.94 Direct F7
holding CLBK Stock Options (right to buy) 8.3K May 1, 2024 Common Stock 8.3K $16.49 Direct F8
* 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 certain 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 Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive plan, 25% of which vest in three approximately equal annual installments commencing on March 6, 2025; 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.
F6 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.
F7 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.
F8 Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on March 6, 2025.