Michael J. McDermott - 25 Aug 2022 Form 4 Insider Report for Rhinebeck Bancorp, Inc. (RBKB)

Role: Chief Financial Officer
Signature: /s/ Scott A. Brown, pursuant to power of attorney
Issuer symbol: RBKB
Transactions as of: 25 Aug 2022
Transactions value $: -$11,247
Form type: 4
Date filed: 29 Aug 2022, 16:18
Previous filing: 27 Aug 2021
Next filing: 29 Aug 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RBKB	Common Stock	Tax liability	-$11.2K	-1.17K	-10.82%	$9.58	9.67K	25 Aug 2022	Direct	F1
holding	RBKB	Common Stock						18K	25 Aug 2022	By 401(k)	F2
holding	RBKB	Common Stock						1.64K	25 Aug 2022	By ESOP	F2
holding	RBKB	Common Stock						200	25 Aug 2022	By Daughter

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
holding	RBKB	Stock Options						28K	25 Aug 2022	Common Stock	28K	$6.57	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Includes shares of restricted stock which vest at a rate of 33 1/3% per year commencing on August 25, 2021.
F2	Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
F3	Stock options vest at a rate of 33 1/3% per year commencing on August 25, 2021.