Columbia Financial, Inc. — Director's Dealing 2020

Aug 18, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Columbia Financial, Inc. (CLBK)
CIK: 0001723596
Period of Report: 2020-08-14

Reporting Person: Schlesinger Allyson Katz (EVP & Head of Consumer Banking)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-14	Common Stock	A	59.4847	$11.8000	Acquired	2849.6765	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13652.0000	Direct
Common Stock	1289.0000	Indirect
Common Stock	1267.0000	Indirect
Common Stock	57116.0000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (right to buy)	$15.6000	2029-07-23	Common Stock (155294.0000)	155294.0000	Direct

Footnotes

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.