Oliver Edward Lewis Jr. - 14 Jun 2024 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Signature
/s/ Dennis E. Gibney, Power of Attorney
Issuer symbol
CLBK
Transactions as of
14 Jun 2024
Net transactions value
+$740
Form type
4
Filing time
18 Jun 2024, 15:01:23 UTC
Previous filing
04 Jun 2024
Next filing
02 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLBK Common Stock Award $740 +53 +1.3% $13.95 4,291 14 Jun 2024 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 24,668 14 Jun 2024 Direct
holding CLBK Common Stock 5,353 14 Jun 2024 By ESOP
holding CLBK Common Stock 2,457 14 Jun 2024 By SERP
holding CLBK Common Stock 441 14 Jun 2024 By SIM
holding CLBK Common Stock 715 14 Jun 2024 By Stock Award F2
holding CLBK Common Stock 14,591 14 Jun 2024 By Stock Award III F3
holding CLBK Common Stock 12,672 14 Jun 2024 By Stock Award IV 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) 17,647 14 Jun 2024 Common Stock 17,647 $17.00 Direct F5
holding CLBK Stock Options (right to buy) 57,026 14 Jun 2024 Common Stock 57,026 $17.86 Direct F6
holding CLBK Stock Options (right to buy) 11,579 14 Jun 2024 Common Stock 11,579 $15.94 Direct F7
holding CLBK Stock Options (right to buy) 8,518 14 Jun 2024 Common Stock 8,518 $16.49 Direct F8
* 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 five equal annual installments commencing on July 23, 2020.
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 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.
F5 Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in five approximately equal annual installments commencing on July 23, 2020.
F6 Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable.
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.