William Justin Jennings - Jan 24, 2025 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Signature
/s/ Dennis E. Gibney, Power of Attorney
Stock symbol
CLBK
Transactions as of
Jan 24, 2025
Transactions value $
$750
Form type
4
Date filed
1/28/2025, 04:15 PM
Previous filing
Jan 14, 2025
Next filing
Feb 11, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLBK Common Stock Award $750 +48.6 +2.36% $15.42 2.11K Jan 24, 2025 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 7.22K Jan 24, 2025 Direct
holding CLBK Common Stock 1.95K Jan 24, 2025 By ESOP
holding CLBK Common Stock 500 Jan 24, 2025 By SERP
holding CLBK Common Stock 6.2K Jan 24, 2025 By Stock Award F2
holding CLBK Common Stock 8.5K Jan 24, 2025 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) 41.5K Jan 24, 2025 Common Stock 41.5K $21.79 Direct F4
holding CLBK Stock Options (right to buy) 5.72K Jan 24, 2025 Common Stock 5.72K $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.