DEVLIN MICHAEL K 4
4 · Randolph Bancorp, Inc. · Filed Oct 16, 2017
Insider Transaction Report
Form 4
DEVLIN MICHAEL K
See Remarks
Transactions
- Award
Common Stock
2017-10-12+23,475→ 27,475 total - Award
Stock Options (right to buy)
2017-10-12+29,344→ 29,344 totalExercise: $14.66Exp: 2027-10-11→ Common Stock (29,344 underlying)
Holdings
- 329(indirect: ESOP)
Common Stock
Footnotes (2)
- [F1]Acquisition represents award of restricted stock for no cash consideration. This restricted stock award vests in five equal annual installments beginning on October 12, 2018 so long as the executive remains an employee or Director of the Company; provided however that all shares of restricted stock shall vest upon the retirement of the executive if such retirement has been approved by the Board of Directors as part of a succession plan covering such executive.
- [F2]The options vest in five equal annual installments beginning on October 12, 2018 so long as the executive remains an employee or Director of the Company; provided however that all options shall vest upon the retirement of the executive if such retirement has been approved by the Board of Directors as part of a succession plan covering such executive.