James J. Clarke - 10 May 2023 Form 4 Insider Report for QUAINT OAK BANCORP INC (QNTO)

Role
Director
Signature
/s/ John J. Augustine by P.O.A. for James J. Clarke
Issuer symbol
QNTO
Transactions as of
10 May 2023
Net transactions value
$0
Form type
4
Filing time
12 May 2023, 12:37:48 UTC
Previous filing
14 Feb 2023
Next filing
19 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNTO Common Stock Award $0 +1,000 +1.6% $0.000000 65,140 10 May 2023 Direct F1

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 +5,000 $0.000000 5,000 10 May 2023 Common Stock 5,000 $18.00 Direct F2
holding QNTO Stock Option (Right to Buy) 2,000 10 May 2023 Common Stock 2,000 $13.30 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 and includes 32,200 shares held jointly with the reporting person's spouse.
F2 The options are vesting at a rate of 20% per year commencing on May 10, 2024.
F3 The options vested at a rate of 20% per year commencing on May 9, 2019.