Janis E. Wentzell - Jan 4, 2022 Form 4 Insider Report for Randolph Bancorp, Inc. (RNDB)

Role: Director
Signature: /s/ Lauren B. Messmore
Stock symbol: RNDB
Transactions as of: Jan 4, 2022
Transactions value $: $191,166
Form type: 4
Date filed: 1/6/2022, 08:57 AM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RNDB	Common Stock	Options Exercise	$191K	+13K	+80.75%	$14.66	29.2K	Jan 4, 2022	Direct	F1
holding	RNDB	Common Stock						4K	Jan 4, 2022	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
transaction	RNDB	Stock Options (right to buy)	Options Exercise	$0	-13K	-79.99%	$0.00	3.26K	Jan 4, 2022	Common Stock	13K	$14.66	Direct	F2
holding	RNDB	Stock Options (right to buy)						7.5K	Jan 4, 2022	Common Stock	7.5K	$11.48	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 1,410 shares of restricted stock which vest on February 3, 2022 (upon reaching mandatory retirement) and 704 shares of restricted stock which vest on February 3, 2022 (upon reaching mandatory retirement).
F2	The options vest as follows: 3,262 shares on February 3, 2022 (upon reaching mandatory retirement).
F3	The options vest in five equal annual installments beginning on August 13, 2021, provided, however, that upon mandatory retirement from service as a director, the options scheduled to vest during the calendar year of such retirement and during the calendar year following such retirement shall vest on the retirement date.