Diane J. Colyer - 09 May 2023 Form 4 Insider Report for QUAINT OAK BANCORP INC (QNTO)

Signature
/s/ Diane J. Colyer
Issuer symbol
QNTO
Transactions as of
09 May 2023
Net transactions value
+$2.5
Form type
4
Filing time
10 May 2023, 11:57:41 UTC
Previous filing
11 May 2022
Next filing
06 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNTO Common Stock Options Exercise $81,000 +10,000 +116% $8.10 18,589 08 May 2023 Direct F1
transaction QNTO Common Stock Tax liability $80,998 -4,475 -24% $18.10 14,114 08 May 2023 Direct F1
holding QNTO Common Stock 1,091 09 May 2023 By 401(k) Plan F2
holding QNTO Common Stock 2,820 09 May 2023 By IRA
holding QNTO Common Stock 1,200 09 May 2023 By Spouse
holding QNTO Common Stock 14,300 09 May 2023 By 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
transaction QNTO Stock Option (Right to Buy) Options Exercise $0 -10,000 -100% $0.000000* 0 08 May 2023 Common Stock 10,000 $8.10 Direct F4
holding QNTO Stock Option (Right to Buy) 6,000 09 May 2023 Common Stock 6,000 $13.30 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Includes shares acquired in the Issuer's 401(k) Plan since the last filed Form 4. Based on a report dated March 31, 2023.
F3 Includes shares allocated to the reporting person's ESOP account since the last filed Form 4.
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.