0001209191-22-053160.txt : 20221007
0001209191-22-053160.hdr.sgml : 20221007
20221007180032
ACCESSION NUMBER: 0001209191-22-053160
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221007
FILED AS OF DATE: 20221007
DATE AS OF CHANGE: 20221007
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Parent William M
CENTRAL INDEX KEY: 0001429021
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37780
FILM NUMBER: 221301673
MAIL ADDRESS:
STREET 1: C/O GRAIL INVESTMENT CORP.
STREET 2: 767 THIRD AVENUE, 21ST FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Randolph Bancorp, Inc.
CENTRAL INDEX KEY: 0001667161
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 000000000
STATE OF INCORPORATION: MA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2 BATTERYMARCH PARK
STREET 2: SUITE 301
CITY: QUINCY
STATE: MA
ZIP: 02169
BUSINESS PHONE: 877-963-2100
MAIL ADDRESS:
STREET 1: 2 BATTERYMARCH PARK
STREET 2: SUITE 301
CITY: QUINCY
STATE: MA
ZIP: 02169
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-10-07
1
0001667161
Randolph Bancorp, Inc.
RNDB
0001429021
Parent William M
C/O RANDOLPH BANCORP, INC.
2 BATTERYMARCH PARK, SUITE 301
QUINCY
MA
02169
1
1
0
0
President and CEO
Common Stock
2022-10-07
4
J
0
17641
D
0
D
Common Stock
2022-10-07
4
J
0
30964
D
0
I
By IRA
Common Stock
2022-10-07
4
J
0
158
D
0
I
ESOP
Performance Restricted Stock Unit
2022-10-07
4
J
0
5625
D
0
D
Stock Option (Right to Buy)
11.48
2022-10-07
4
J
0
65000
D
2030-08-12
Common Stock
65000
0
D
Stock Option (Right to Buy)
8.78
2022-10-07
4
J
0
29412
D
2030-03-31
Common Stock
29412
0
D
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").
Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
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.
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.
/s/ William M. Parent
2022-10-07