William R. Gonzalez - 11 Jun 2021 Form 4 Insider Report for QUAINT OAK BANCORP INC (QNTO)

Role
Senior Vice President*
Signature
/s/Diane J. Colyer by P.O.A. for William R. Gonzalez
Issuer symbol
QNTO
Transactions as of
11 Jun 2021
Net transactions value
-$4,050
Form type
4
Filing time
15 Jun 2021, 17:03:39 UTC
Next filing
15 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNTO Common Stock Sale $4,050 -225 -3% $18.00 7,200 11 Jun 2021 Direct F1
holding QNTO Common Stock 7,767 11 Jun 2021 By 401(k) Plan F2
holding QNTO Common Stock 9,691 11 Jun 2021 By ESOP F3
holding QNTO Common Stock 593 11 Jun 2021 By spouse through ESOP F3

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 QNTO Employee Stock Option (Right to Buy) 15,000 11 Jun 2021 Common Stock 15,000 $13.30 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,000 shares granted pursuant to the Issuer's 2013 Stock Incentive Plan which reflect the unvested portion of a grant amount originally covering 5,000 shares that commenced vesting at a rate of 20% per year on May 9, 2019.
F2 Includes shares acquired in the Issuer's 401(k) Plan since the last filed Form 4. Based on a report dated June 15, 2021.
F3 Includes shares allocated to the reporting person's and the reporting person's spouse's ESOP accounts since the last filed Form 4.
F4 The options are vesting at a rate of 20% per year commencing on May 9, 2019.

Remarks:

* Senior Vice President, Business Development Officer of Quaint Oak Bank (Issuer subsidiary).