George M. Ager Jr. - 23 Jun 2021 Form 4 Insider Report for QUAINT OAK BANCORP INC (QNTO)

Role
Director
Signature
/s/Diane J. Colyer by P.O.A. for George M. Ager
Issuer symbol
QNTO
Transactions as of
23 Jun 2021
Net transactions value
+$39,900
Form type
4
Filing time
24 Jun 2021, 16:41:44 UTC
Next filing
12 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNTO Common Stock Options Exercise $39,900 +3,000 +7.5% $13.30 42,802 23 Jun 2021 Direct F1
holding QNTO Common Stock 7,250 23 Jun 2021 By Spouse through IRA

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 Common Stock Options Exercise $0 -3,000 -60% $0.000000 2,000 23 Jun 2021 Common Stock 3,000 $13.30 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 600 shares granted pursuant to the Issuer's 2018 Stock Incentive Plan which reflect the unvested portion of a grant amount originally covering 1,500 shares that commenced vesting at a rate of 20% per year on May 9, 2019 and 40,502 shares held jointly with the reporting person's spouse.
F2 The options are vesting at a rate of 20% per year commencing on May 9, 2019.