| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | RNDB | Common stock | 542K | Jan 25, 2022 | See Footnote | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | On January 25, 2022, Randolph Bancorp, Inc (RNDB) filed their earnings release. As a consequence, FJ Capital recently learned on February 2, 2022 that outstanding shares of the common stock of the issuer (the "Shares") increased as a result of the exercise by certain insiders (e.g., officers/directors of RNDB) of options in 4Q 2021, which resulted in FJ Capital beneficial ownership decreasing to 10.61%. |
| F2 | Martin S Friedman (the "Reporting Person") is the managing member of FJ Capital Management LLC ("FJ Capital"), which is the managing member of and investment adviser to Financial Opportunity Fund LLC ("FOF"), Financial Hybrid Opportunity Fund LLC ("FHOF"), and Financial Hybrid Opportunity SPV 1 LLC ("HSPV"), (FOF, FHOF and HSPV, collectively, the "Funds") and investment adviser to a separately managed account ("SMA"), each of which beneficially owns. FOF holds 223,712 Shares, (ii) FHOF holds 136,909 Shares, (iii) HSPV holds 171,604 Shares, and (iv) the SMA holds 10,101 Shares. There were no purchase and sale or sale and purchase of any Shares by the Reporting Person or the Funds. |
| F3 | The Reporting Person, in his capacity as Managing Member of FJ Capital, has voting and dispositive power over the Shares held by the Funds and the SMA. Mr. Friedman disclaims beneficial ownership of the Shares reported herein, and this report shall not be deemed an admission of beneficial ownership of such Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |