KENNETH K. QUIGLEY JR - 07 Oct 2022 Form 4 Insider Report for Randolph Bancorp, Inc. (RNDB)

Role: Director
Signature: /s/ Lauren B. Messmore
Issuer symbol: RNDB
Transactions as of: 07 Oct 2022
Net transactions value: $0
Form type: 4
Filing time: 07 Oct 2022, 18:00:53 UTC
Previous filing: 22 Sep 2022
Next filing: 16 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RNDB	Common Stock	Other		-31,753	-100%		0	07 Oct 2022	Direct	F1
transaction	RNDB	Common Stock	Other		-5,000	-100%		0	07 Oct 2022	By IRA	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	RNDB	Stock Options (right to buy)	Other		-7,500	-100%		0	07 Oct 2022	Common Stock	7,500	$11.48	Direct	F2
transaction	RNDB	Stock Options (right to buy)	Other		-16,302	-100%		0	07 Oct 2022	Common Stock	16,302	$14.66	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

KENNETH K. QUIGLEY JR is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
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.

Content

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").

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.