William M. Parent - Aug 13, 2021 Form 4 Insider Report for Randolph Bancorp, Inc. (RNDB)

Role
President and CEO, Director
Signature
/s/ William M. Parent
Stock symbol
RNDB
Transactions as of
Aug 13, 2021
Transactions value $
-$22,346
Form type
4
Date filed
8/16/2021, 02:56 PM
Next filing
Sep 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNDB Common Stock Award $0 +1.88K +8.22% $0.00 24.7K Aug 13, 2021 Direct F1, F2
transaction RNDB Common Stock Tax liability -$22.3K -1.11K -4.49% $20.15 23.6K Aug 13, 2021 Direct F2, F3
holding RNDB Common Stock 29.9K Aug 13, 2021 By IRA

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding RNDB Stock Option (Right to Buy) 65K Aug 13, 2021 Common Stock 65K $11.48 Direct F4
holding RNDB Stock Option (Right to Buy) 29.4K Aug 13, 2021 Common Stock 29.4K $8.78 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquisition represents an award of restricted stock for no cash consideration. This award vests in three equal annual installments beginning on August 13, 2022.
F2 Includes 8,000 shares of restricted stock which vest in annual installments of 2,000 shares from April 1, 2022, 10,000 shares of restricted stock which vest in annual installments of 2,500 shares from August 13, 2022 and 1,875 shares of restricted stock which vest in annual installments of 625 shares from August 13, 2022.
F3 Represents restricted shares withheld to satisfy the reporting person's tax withholding obligation upon vesting. The deemed disposition of the withheld restricted shares is exempt pursuant to Rule 16b-3(e).
F4 The options vest in five equal annual installments beginning on August 13, 2021.
F5 The options vest in five equal annual installments beginning on April 1, 2021.