Kirwin Ryan J. 4

4 · Randolph Bancorp, Inc. · Filed Oct 7, 2022

Form 4

Period: 2022-10-07

See Remarks

Transactions

Other
Common Stock
2022-10-07−100→ 0 total
Other
Stock Options (right to buy)
2022-10-07−10,000→ 0 total
Exercise: $15.00Exp: 2029-02-13→ Common Stock (10,000 underlying)
Other
Common Stock
2022-10-07−23,606→ 0 total
Other
Common Stock
2022-10-07−1,630→ 0 total(indirect: ESOP)
Other
Performance Restricted Stock Unit
2022-10-07−2,000→ 0 total
Other
Stock Options (right to buy)
2022-10-07−16,252→ 0 total
Exercise: $14.66Exp: 2027-10-11→ Common Stock (16,252 underlying)
Other
Stock Options (right to buy)
2022-10-07−13,053→ 0 total
Exercise: $11.48Exp: 2030-08-12→ Common Stock (13,053 underlying)

Footnotes (5)

[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").
[F2]Owned jointly with spouse.
[F3]Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
[F4]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.
[F5]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.

Documents

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