Diane J. Colyer - 09 May 2022 Form 4 Insider Report for QUAINT OAK BANCORP INC (QNTO)

Role
SVP and Corporate Secretary
Signature
/s/ Diane J. Colyer
Issuer symbol
QNTO
Transactions as of
09 May 2022
Net transactions value
-$2,390
Form type
4
Filing time
11 May 2022, 13:37:57 UTC
Previous filing
15 Jun 2021
Next filing
10 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNTO Common Stock Tax liability $2,390 -100 -1.2% $23.90 8,589 09 May 2022 Direct F1, F2
holding QNTO Common Stock 1,027 09 May 2022 By 401(k) Plan F3
holding QNTO Common Stock 2,820 09 May 2022 By IRA
holding QNTO Common Stock 1,200 09 May 2022 By Spouse
holding QNTO Common Stock 13,676 09 May 2022 By ESOP F4

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 Stock Option (Right to Buy) 6,000 09 May 2022 Common Stock 6,000 $13.30 Direct F5
holding QNTO Stock Option (Right to Buy) 10,000 09 May 2022 Common Stock 10,000 $8.10 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Disposition solely to meet tax obligation for distribution from stock benefit plan.
F2 Includes 400 shares granted pursuant to the Issuer's 2013 Stock Incentive Plan which reflect the unvested portion of a grant amount originally covering 2,000 shares that commenced vesting at a rate of 20% per year on May 9, 2019.
F3 Includes shares acquired in the Issuer's 401(k) Plan since the last filed Form 4. Based on a report dated March 22, 2022.
F4 Includes shares allocated to the reporting person's ESOP account since the last filed Form 4.
F5 The options are vesting at a rate of 20% per year commencing on May 9, 2019.
F6 The options vested at a rate of 20% per year commencing May 8, 2014.