Jenifer White Walden - 29 Nov 2024 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role: EVP & CHRO
Signature: /s/ Dennis E. Gibney, Power of Attorney
Issuer symbol: CLBK
Transactions as of: 29 Nov 2024
Net transactions value: +$533
Form type: 4
Filing time: 03 Dec 2024, 13:06:38 UTC
Previous filing: 19 Nov 2024
Next filing: 17 Dec 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLBK	Common Stock	Award	$533	+29	+1.7%	$18.23	1,799	29 Nov 2024	By Stock-Based Deferral Plan	F1
holding	CLBK	Common Stock						2,008	29 Nov 2024	Direct
holding	CLBK	Common Stock						982	29 Nov 2024	By ESOP
holding	CLBK	Common Stock						45	29 Nov 2024	By SERP
holding	CLBK	Common Stock						14	29 Nov 2024	By SIM
holding	CLBK	Common Stock						649	29 Nov 2024	By Stock Award	F2
holding	CLBK	Common Stock						7,817	29 Nov 2024	By Stock Award II	F3
holding	CLBK	Common Stock						7,597	29 Nov 2024	By Stock Award III	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)						5,540	29 Nov 2024	Common Stock	5,540	$20.54	Direct	F5
holding	CLBK	Stock Options (right to buy)						6,203	29 Nov 2024	Common Stock	6,203	$15.94	Direct	F6
holding	CLBK	Stock Options (right to buy)						5,107	29 Nov 2024	Common Stock	5,107	$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	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.
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 three equal annual installments commencing on October 31, 2023.
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.