Aimee K. Ott - May 8, 2023 Form 4 Insider Report for QUAINT OAK BANCORP INC (QNTO)

Role
Executive Vice President*
Signature
/s/ Diane J. Colyer by P.O.A. for Aimee K. Ott
Stock symbol
QNTO
Transactions as of
May 8, 2023
Transactions value $
$19,440
Form type
4
Date filed
5/10/2023, 11:56 AM
Previous filing
May 11, 2022
Next filing
May 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNTO Common Stock Options Exercise $19.4K +2.4K +47.83% $8.10 7.42K May 8, 2023 Direct F1
holding QNTO Common Stock 4.22K May 8, 2023 By ESOP F2
holding QNTO Common Stock 4.17K May 8, 2023 By 401(k) Plan 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
transaction QNTO Stock Option (Right to Buy) Options Exercise $0 -2.4K -100% $0.00* 0 May 8, 2023 Common Stock 2.4K $8.10 Direct F5
holding QNTO Stock Option (Right to Buy) 8.14K May 8, 2023 Common Stock 8.14K $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 622 shares granted pursuant to the Issuer's 2013 Stock Incentive Plan which reflect the unvested portion of a grant amount originally covering 3,108 shares that commenced vesting at a rate of 20% per year on May 9, 2019.
F2 Includes shares allocated to the reporting person's ESOP account since the last filed Form 4.
F3 Includes shares acquired in the Issuer's 401(k) Plan since the last filed Form 4. Based on a report dated March 31, 2023.
F4 The options vested at a rate of 20% per year commencing May 8, 2014.
F5 The options are vesting at a rate of 20% per year commencing on May 9, 2019.

Remarks:

* Executive Vice President of Quaint Oak Bank (Issuer Subsidiary)