Allen, Jr. Edward Thomas 4

4 · Columbia Financial, Inc. · Filed Mar 10, 2020

Form 4

Period: 2020-03-06

SEVP & Chief Operating Officer

Transactions

Award
Common Stock
2020-03-06$15.68/sh+1,584.464$24,844→ 5,584.464 total(indirect: By Stock-Based Deferral Plan)

Holdings

Common Stock
26,000
Common Stock
(indirect: By 401(k))
31,000
Common Stock
(indirect: By Stock Award)
115,385
Common Stock
(indirect: By SERP)
1,978
Stock Options (right to buy)
Exercise: $15.60From: 2020-07-23Exp: 2029-07-23→ Common Stock (282,353 underlying)
282,353
Common Stock
(indirect: By ESOP)
936
Common Stock
(indirect: By SIM)
1,352

Footnotes (4)

[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.
[F4]This form reflects a revised number of options owned by the reporting person based on the final Black-Scholes valuation.

Documents

1 file