What does the cryptic crossword clue "Priest modified colourful band (6)" mean?

The definition is "colourful band". The wordplay uses an anagram. anagram of PRIEST = STRIPE; definition: "colourful band" The answer is STRIPE.

Priest modified colourful band (6)

Daily Mail Cryptic #17357 | 21 Down | 2024-05-14 flower