John Klimowich - 13 Jan 2023 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role: EVP & Chief Risk Officer
Signature: /s/ Dennis E. Gibney, Power of Attorney
Issuer symbol: CLBK
Transactions as of: 13 Jan 2023
Transactions value $: $615
Form type: 4
Date filed: 18 Jan 2023, 08:18
Previous filing: 04 Jan 2023
Next filing: 31 Jan 2023
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	$615	+28	+0.69%	$22.01	4.06K	13 Jan 2023	By Stock-Based Deferral Plan	F1
holding	CLBK	Common Stock						47.9K	13 Jan 2023	Direct
holding	CLBK	Common Stock						17.2K	13 Jan 2023	By 401(k)
holding	CLBK	Common Stock						4.51K	13 Jan 2023	By ESOP
holding	CLBK	Common Stock						4.74K	13 Jan 2023	By SERP
holding	CLBK	Common Stock						4.21K	13 Jan 2023	By SIM
holding	CLBK	Common Stock						15.4K	13 Jan 2023	By Stock Award	F2

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)						188K	13 Jan 2023	Common Stock	188K	$15.60	Direct	F3

* 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 Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, vest in five equal annual installments commencing on July 23, 2020.