Friedman Martin S.'s Form 4/A amendment
AmendedRandolph Bancorp, Inc. (RNDB) · filed Apr 4, 2022
- Accession no.
- 0001171520-22-000228
- Filed
- Apr 4, 2022
- Trade date
- Mar 29, 2022
- Filing delay
- 6 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Mar 31, 2022
This filing lists 4 non-derivative transactions. Open-market sales total $3.16M. It was filed 6 days after the trade.
This amendment replaces 0001171520-22-000216 (filed Mar 31, 2022).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Friedman Martin S.CIK 0001449556 | 10% Owner, Other: See Remarks below |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 29, 2022 | Common Stock | SSaleDisposed | −66,298 | $26.48 | −$1,755,571.04 | 423,034 | Indirect | |
| Mar 29, 2022 | Common Stock | SSaleDisposed | −47,840 | $26.47 | −$1,266,324.8 | 423,034 | Indirect | |
| Mar 29, 2022 | Common Stock | SSaleDisposed | −2,994 | $26.48 | −$79,281.12 | 423,034 | Indirect | |
| Mar 29, 2022 | Common Stock | SSaleDisposed | −2,160 | $26.47 | −$57,175.2 | 423,034 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Martin S Friedman ("Reporting Person") is the managing member of FJ Capital Management LLC ("FJ Capital"), which is the managing member of and investment adviser to Financial Opportunity Fund LLC ("FOF"), Financial Hybrid Opportunity Fund LLC ("FHOF"), and Financial Hybrid Opportunity SPV 1 LLC ("HSPV"), (FOF, FHOF and HSPV, collectively, the "Funds") and investment adviser to a separately managed account ("SMA"), each of which beneficially owns shares of common stock of the Issuer ("Shares). FOF holds 223,712 Shares, (ii) FHOF holds 136,909 Shares, (iii) HSPV holds 171,604 Shares, and (iv) the SMA holds 10,101 Shares, which, in the aggregate, beneficially own 542,326 or more than 10% of the Shares.
- F2
FJ Capital sold (a) 114,138 Shares on behalf of FOF; and (b) 5,154 Shares on behalf of the SMA (together with the Shares sold on behalf of FOF, collectively, the "Disposed Shares"). As a consequence of the sale of the Disposed Shares, FJ Capital's aggregate beneficial ownership is 423,034 of the issued and outstanding Shares or less than 10% of the Shares.
- F3
The Reporting Person, in his capacity as Managing Member of FJ Capital, has voting and dispositive power over the Shares held by the Funds and the SMA. Mr. Friedman disclaims beneficial ownership of the Shares reported herein, and this report shall not be deemed an admission of beneficial ownership of such Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Remarks
The Reporting Person is filing this amendment to the Form 4 filed on March 31, 2022, to (i) correct an error in the amount of securities beneficially owned following the reported transactions in Table I. Column 5 and (ii) to deleted two (2) lines in Table 1 which were erroneously included and unnecessary.