Michael J. McDermott - 25 Aug 2021 Form 4 Insider Report for Rhinebeck Bancorp, Inc. (RBKB)

Signature
/s/ Scott A. Brown, pursuant to power of attorney
Issuer symbol
RBKB
Transactions as of
25 Aug 2021
Net transactions value
-$12,384
Form type
4
Filing time
27 Aug 2021, 16:59:51 UTC
Next filing
29 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBKB Common Stock Tax liability $12,384 -1,152 -9.6% $10.75 10,848 25 Aug 2021 Direct F1
holding RBKB Common Stock 15,000 25 Aug 2021 By 401(k)
holding RBKB Common Stock 1,091 25 Aug 2021 By ESOP F2
holding RBKB Common Stock 200 25 Aug 2021 By Daughter

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 RBKB Stock Options 28,000 25 Aug 2021 Common Stock 28,000 $6.57 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of restricted stock which vest at a rate of 33 1/3% per year commencing on August 25, 2021.
F2 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
F3 Stock options vest at a rate of 33 1/3% per year commencing on August 25, 2021.