Mayra Liseth Rinaldi - 23 Jul 2023 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role
EVP, Corp Governance & Culture
Signature
/s/ Dennis E. Gibney, Power of Attorney
Issuer symbol
CLBK
Transactions as of
23 Jul 2023
Transactions value $
-$11,985
Form type
4
Filing time
25 Jul 2023, 17:28:24 UTC
Previous filing
03 May 2023
Next filing
08 Mar 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 Tax liability -$12K -656 -4.12% $18.27 15.3K 23 Jul 2023 Direct F1
holding CLBK Common Stock 4.66K 23 Jul 2023 By ESOP
holding CLBK Common Stock 7.25K 23 Jul 2023 By 401(k)
holding CLBK Common Stock 200 23 Jul 2023 By UTMA Custodian for Daughter
holding CLBK Common Stock 40 23 Jul 2023 By UTMA Custodian for God Daughter
holding CLBK Common Stock 1.62K 23 Jul 2023 By Spouse - IRA
holding CLBK Common Stock 2.02K 23 Jul 2023 By Stock Award F2
holding CLBK Common Stock 10.3K 23 Jul 2023 By Stock Award II F5

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
transaction CLBK Stock Options (right to buy) Award $0 0 0% $0.00* 7.52K 25 Jul 2023 Common Stock 7.52K $15.94 Direct F3
holding CLBK Stock Options (right to buy) 49.4K 23 Jul 2023 Common Stock 49.4K $15.60 Direct F4
* 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, 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 three approximately equal annual installments commencing on May 1, 2024.
F4 Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, vest in five equal annual installments commencing on July 23, 2020.
F5 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.