William M. Parent - 07 Oct 2022 Form 4 Insider Report for Randolph Bancorp, Inc.

Reporting relationship: President and CEO, Director
Issuer ticker: N/A
Reported as of: 07 Oct 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 07 Oct 2022, 18:00:32 UTC
Prior SEC filing: 05 Oct 2022
Source filing: View source filing
Reporting owner signature: /s/ William M. Parent

Key filing fact

William M. Parent filed Form 4 for Randolph Bancorp, Inc. on 07 Oct 2022.

Key facts

This page summarizes William M. Parent's Form 4 filing for Randolph Bancorp, Inc..
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 07 Oct 2022, 18:00.

Change

Previous filing in this sequence was filed on 05 Oct 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RNDB transaction

Common Stock

Other

Transaction value
Shares: -17,641
Change %: -100%
Price
Shares after: 0
Date: 07 Oct 2022
Ownership: Direct
Footnotes: F1

RNDB transaction

Common Stock

Other

Transaction value
Shares: -30,964
Change %: -100%
Price
Shares after: 0
Date: 07 Oct 2022
Ownership: By IRA
Footnotes: F1

RNDB transaction

Common Stock

Other

Transaction value
Shares: -158
Change %: -100%
Price
Shares after: 0
Date: 07 Oct 2022
Ownership: ESOP
Footnotes: F1, F2

RNDB transaction

Performance Restricted Stock Unit

Other

Transaction value
Shares: -5,625
Change %: -100%
Price
Shares after: 0
Date: 07 Oct 2022
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RNDB transaction Derivative

Stock Option (Right to Buy)

Other

Transaction value
Shares: -65,000
Change %: -100%
Price
Shares after: 0
Date: 07 Oct 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 65,000
Exercise price: $11.48
Footnotes: F4

RNDB transaction Derivative

Stock Option (Right to Buy)

Other

Transaction value
Shares: -29,412
Change %: -100%
Price
Shares after: 0
Date: 07 Oct 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 29,412
Exercise price: $8.78
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

William M. Parent is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

Each share of Issuer common stock, whether vested and unvested, were converted into the right to receive $27.00 in cash pursuant to the Agreement and Plan of Merger by and among Hometown Financial Group, MHC, Hometown Financial Group, Inc., Hometown Financial Acquisition Corp. and the Issuer (the "Merger Agreement").

Footnote F2

Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.

Footnote F3

Each performance restricted stock unit, which represents a contingent right to receive Issuer common stock, was deemed vested at the target level and became exchangeable for the right to receive $27.00 in cash pursuant to the terms of the Merger Agreement.

Footnote F4

Each option to purchase Issuer common stock, whether vested or unvested, automatically converted to the right to receive a cash payment equal to (i) the number of shares of Issuer common stock provided for in such option and (ii) the excess, if any, of $27.00 over the exercise price per share of Issuer common stock provided for in such option, which cash payment shall be made without interest and shall be net of all applicable withholding taxes.