SEC Form 4 · accession 0001209191-17-056958
Randolph Bancorp, Inc. · RNDB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James P McDonough
Officer — President and CEO · Director
Period of report
Oct 12, 2017
Accepted (ET)
Oct 16, 2017 · 8:53 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001667161
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 12, 2017 | A | 35,212 | $0.00 | A | 66,612 | D | |
| Common Stock | holding | — | — | — | 286 | I | ESOP | |
| Common Stock | holding | — | — | — | 24,900 | I | Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F2 | $14.66 | Oct 12, 2017 | A | 58,687 | A | — | Oct 11, 2027 | Common Stock | 58,687 | 58,687 | D |
Explanation of responses
- F1Acquisition represents award of restricted stock for no cash consideration. This restricted stock award vests in five equal annual installments beginning on October 12, 2018; 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.
- F2The options vest in five equal annual installments beginning on October 12, 2018; 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.