FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Quinn Michael J.
2. Issuer Name and Ticker or Trading Symbol

Rhinebeck Bancorp, Inc. [ RBKB ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
President and CEO
(Last)          (First)          (Middle)

2 JEFFERSON PLAZA
3. Date of Earliest Transaction (MM/DD/YYYY)

8/25/2020
(Street)

POUGHKEEPSIE, NY 12601
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 8/25/2020  A  38400 (1)A$0.00 50900 D  
Common Stock         7480 I By 401(k) 
Common Stock         594 I By ESOP 
Common Stock         10000 I By Spouse's IRA 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options $6.52 8/25/2020  A   95100    8/25/2021 8/25/2030 Common Stock 95100 (2)$0.00 95100 (2)D  

Explanation of Responses:
(1) Shares of restricted stock vest at a rate of 20% per year commencing on August 25, 2021.
(2) Stock options vest at a rate of 20% per year commencing on August 25, 2021.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Quinn Michael J.
2 JEFFERSON PLAZA
POUGHKEEPSIE, NY 12601
X
President and CEO

Signatures
/s/ Scott A. Brown, pursuant to power of attorney8/27/2020
**Signature of Reporting PersonDate

Rhinebeck Bancorp (NASDAQ:RBKB)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Rhinebeck Bancorp Charts.
Rhinebeck Bancorp (NASDAQ:RBKB)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Rhinebeck Bancorp Charts.