Gibney Dennis E. 4
4 · Columbia Financial, Inc. · Filed Dec 10, 2019
Insider Transaction Report
Form 4
Gibney Dennis E.
1st Sr. EVP, CBO
Transactions
- Award
Common Stock
2019-12-06$16.52/sh+45.633$754→ 1,206.205 total(indirect: By Stock-Based Deferral Plan)
Holdings
- 10,000(indirect: By IRA)
Common Stock
- 936(indirect: By ESOP)
Common Stock
- 1,479(indirect: By SERP)
Common Stock
- 98,077(indirect: By Stock Award)
Common Stock
- 49,000
Common Stock
- 3,000(indirect: By IRA)
Common Stock
- 10,000(indirect: By Spouse)
Common Stock
- 240,000
Stock Options (right to buy)
Exercise: $15.60From: 2020-07-23Exp: 2029-07-23→ Common Stock (240,000 underlying)
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 equal annual installments commencing on July 23, 2020.