William Justin Jennings - 21 Mar 2024 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role
EVP, Operations Officer
Signature
/s/ Dennis E. Gibney, Power of Attorney
Issuer symbol
CLBK
Transactions as of
21 Mar 2024
Net transactions value
-$36,702
Form type
4
Filing time
25 Mar 2024, 16:36:39 UTC
Previous filing
20 Mar 2024
Next filing
14 Jan 2025
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 $36,702 -2,203 -23% $16.66 7,222 21 Mar 2024 Direct F1
holding CLBK Common Stock 2,011 21 Mar 2024 By Stock-Based Deferral Plan
holding CLBK Common Stock 1,948 21 Mar 2024 By ESOP
holding CLBK Common Stock 500 21 Mar 2024 By SERP
holding CLBK Common Stock 6,196 21 Mar 2024 By Stock Award F2
holding CLBK Common Stock 8,503 21 Mar 2024 By Stock Award II F3

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) 41,475 21 Mar 2024 Common Stock 41,475 $21.79 Direct F4
holding CLBK Stock Options (right to buy) 5,715 21 Mar 2024 Common Stock 5,715 $16.49 Direct F5
* 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 three equal annual installments commencing on March 21, 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 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.
F4 Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three equal annual installments commencing on March 21, 2023.
F5 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.