Oliver Edward Lewis Jr - Oct 18, 2024 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role
SEVP & Head Commercial Banking
Signature
/s/ Dennis E. Gibney, Power of Attorney
Stock symbol
CLBK
Transactions as of
Oct 18, 2024
Transactions value $
$740
Form type
4
Date filed
10/21/2024, 02:33 PM
Previous filing
Oct 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLBK Common Stock Award $740 +42.5 +0.92% $17.41 4.69K Oct 18, 2024 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 25.1K Oct 18, 2024 Direct
holding CLBK Common Stock 5.35K Oct 18, 2024 By ESOP
holding CLBK Common Stock 2.46K Oct 18, 2024 By SERP
holding CLBK Common Stock 620 Oct 18, 2024 By SIM F2
holding CLBK Common Stock 14.6K Oct 18, 2024 By Stock Award III F3
holding CLBK Common Stock 12.7K Oct 18, 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) 17.6K Oct 18, 2024 Common Stock 17.6K $17.00 Direct F5
holding CLBK Stock Options (right to buy) 57K Oct 18, 2024 Common Stock 57K $17.86 Direct F5
holding CLBK Stock Options (right to buy) 11.6K Oct 18, 2024 Common Stock 11.6K $15.94 Direct F6
holding CLBK Stock Options (right to buy) 8.52K Oct 18, 2024 Common Stock 8.52K $16.49 Direct F7
* 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 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, 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 are fully vested and exercisable.
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.
F7 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.