Welch James G. 4
4 · Randolph Bancorp, Inc. · Filed Oct 7, 2022
Insider Transaction Report
Form 4
Welch James G.
Director
Transactions
- Other
Common Stock
2022-10-07−28,687→ 0 total - Other
Stock Options (right to buy)
2022-10-07−6,000→ 0 totalExercise: $11.48Exp: 2030-08-12→ Common Stock (6,000 underlying) - Other
Stock Options (right to buy)
2022-10-07−10,302→ 0 totalExercise: $14.66Exp: 2027-10-11→ Common Stock (10,302 underlying)
Footnotes (2)
- [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]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.