Dennis E. Gibney - 23 Jul 2024 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role
SEVP & Chief Financial Officer
Signature
/s/ Dennis E. Gibney
Issuer symbol
CLBK
Transactions as of
23 Jul 2024
Net transactions value
-$49,499
Form type
4
Filing time
25 Jul 2024, 17:08:28 UTC
Previous filing
08 Mar 2024
Next filing
05 Mar 2025
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 $49,499 -2,795 -1.8% $17.71 154,044 23 Jul 2024 Direct F1
holding CLBK Common Stock 1,953 23 Jul 2024 By Stock-Based Deferral Plan
holding CLBK Common Stock 6,451 23 Jul 2024 By ESOP
holding CLBK Common Stock 9,947 23 Jul 2024 By SERP
holding CLBK Common Stock 10,000 23 Jul 2024 By SEP-IRA
holding CLBK Common Stock 3,000 23 Jul 2024 By IRA
holding CLBK Common Stock 10,000 23 Jul 2024 By Spouse
holding CLBK Common Stock 16,884 23 Jul 2024 By Stock Award II F2
holding CLBK Common Stock 14,663 23 Jul 2024 By Stock Award III F3

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) 240,000 23 Jul 2024 Common Stock 240,000 $15.60 Direct F4
holding CLBK Stock Options (right to buy) 13,398 23 Jul 2024 Common Stock 13,398 $15.94 Direct F5
holding CLBK Stock Options (right to buy) 9,856 23 Jul 2024 Common Stock 9,856 $16.49 Direct F5, 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 certain shares that were previously held by Stock Award and that have subsequently vested.
F2 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.
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 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.
F4 Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable.
F5 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.
F6 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.