Prabhu Manesh Balachandran 4
4 · Columbia Financial, Inc. · Filed Mar 20, 2024
Insider Transaction Report
Form 4
Prabhu Manesh Balachandran
EVP & CIO
Transactions
- Award
Common Stock
2024-03-15$15.93/sh+215.982$3,441→ 215.982 total(indirect: By Stock-Based Deferral Plan)
Holdings
- 8,459
Stock Options (right to buy)
Exercise: $15.94From: 2024-05-01Exp: 2033-05-01→ Common Stock (8,459 underlying) - 894
Common Stock
- 612(indirect: By 401(k))
Common Stock
- 982(indirect: By ESOP)
Common Stock
- 117(indirect: By SERP)
Common Stock
- 11,628(indirect: By Stock Award II)
Common Stock
- 3,043(indirect: By Stock Award)
Common Stock
- 12,343(indirect: By Stock Award III)
Common Stock
- 12,985
Stock Options (right to buy)
Exercise: $20.54From: 2023-10-31Exp: 2032-10-31→ Common Stock (12,985 underlying) - 8,296
Stock Options (right to buy)
Exercise: $16.49From: 2025-03-06Exp: 2034-03-06→ Common Stock (8,296 underlying)
Footnotes (8)
- [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]This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to rule 16b-3(c).
- [F3]Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, which vest in three equal annual installments commencing on October 31, 2023.
- [F4]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 May 1, 2024; 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.
- [F5]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.
- [F6]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, which vest in three equal annual installments commencing on October 31, 2023.
- [F7]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on May 1, 2024.
- [F8]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.