Andrew E. Dipiero Jr. - 20 May 2021 Form 4 Insider Report for QUAINT OAK BANCORP INC (QNTO)

Role
Director
Signature
/s/Diane J. Colyer by P.O.A. for Andrew E. DiPiero, Jr.
Issuer symbol
QNTO
Transactions as of
20 May 2021
Net transactions value
+$4,050
Form type
4
Filing time
21 May 2021, 17:53:30 UTC
Next filing
10 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNTO Common Stock Options Exercise $4,050 +500 +2.8% $8.10 18,088 20 May 2021 Direct F1
holding QNTO Common Stock 10,000 20 May 2021 By IRA
holding QNTO Common Stock 2,000 20 May 2021 By Spouse

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 QNTO Stock Option (Right to Buy Options Exercise $0 -500 -8.3% $0.000000 5,500 20 May 2021 Common Stock 6,000 $8.10 Direct F2
holding QNTO Stock Option (Right to Buy) 5,000 20 May 2021 Common Stock 5,000 $13.30 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,500 shares granted pursuant to the Isuer's 2018 Stock Incentive Plan that vest ratably over five years at 20% per year commencing on May 9, 2019.
F2 The options vested at a rate of 20% per year commencing on May 8, 2014.
F3 The options are vesting at a rate of 20% per year commencing on May 9, 2019.