Dempsey Joseph Francis Jr 4
4 · Columbia Financial, Inc. · Filed Aug 20, 2019
Insider Transaction Report
Form 4
Dempsey Joseph Francis Jr
EVP & Head Commercial Banking
Transactions
- Award
Common Stock
2019-08-16$15.41/sh+40.558$625→ 689.176 total(indirect: By Stock-Based Deferral Plan)
Holdings
- 44,231(indirect: By Stock Award)
Common Stock
- 108,235
Stock Options (right to buy)
Exercise: $15.60From: 2020-07-23Exp: 2029-07-23→ Common Stock (108,235 underlying) - 5,000
Common Stock
- 1,000(indirect: By IRA)
Common Stock
Footnotes (3)
- [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, 50% of which vest in five approximately equal annual installments commencing on July 23, 2020; and the remaining 50% 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.
- [F3]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in five approximately equal annual installments commencing on July 23, 2020.