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

Role
SVP and Corporate Secretary
Signature
/s/ John J. Augustine by P.O.A for Diane J. Colyer
Issuer symbol
QNTO
Transactions as of
09 May 2023
Net transactions value
-$1,810
Form type
4
Filing time
11 May 2023, 18:08:23 UTC
Previous filing
11 May 2022
Next filing
06 Jun 2024
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 $1,810 -100 -0.71% $18.10 14,014 09 May 2023 Direct F1
transaction QNTO Common Stock Award $0 +2,500 +18% $0.000000 16,514 10 May 2023 Direct F2
holding QNTO Common Stock 1,091 09 May 2023 By 401(k) Plan F3
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

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) Award $0 +6,000 $0.000000 6,000 10 May 2023 Common Stock 6,000 $18.00 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 Disposition solely to meet tax obligation for distribution from stock benefit plan.
F2 Represents the grant of shares pursuant to the Issuer's 2023 Stock Incentive Plan that vest ratably over five years at 20% per year commencing on May 10, 2024.
F3 Based on a report dated March 31, 2023.
F4 The options are vesting at a rate of 20% per year commencing May 10, 2024.
F5 The options vested at a rate of 20% per year commencing on May 9, 2019.