Daria Stacy-Walls Torres - 03 Nov 2023 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role
Director
Signature
/s/ Dennis E. Gibney, Power of Attorney
Issuer symbol
CLBK
Transactions as of
03 Nov 2023
Net transactions value
+$9,967
Form type
4
Filing time
07 Nov 2023, 12:13:19 UTC
Previous filing
10 Oct 2023
Next filing
05 Dec 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 $9,967 +587 +5% $16.97 12,251 03 Nov 2023 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 2,287 03 Nov 2023 By Stock Award F2
holding CLBK Common Stock 2,743 03 Nov 2023 By Stock Award II 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 will vest on November 21, 2023, one year from the date of grant.
F3 Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan which vest in one year on June 20, 2024.