Aimee K. Ott - 10 May 2023 Form 4 Insider Report for QUAINT OAK BANCORP INC (QNTO)

Role
Executive Vice President*
Signature
/s/ John J. Augustine by P.O.A. for Aimee K. Ott
Issuer symbol
QNTO
Transactions as of
10 May 2023
Net transactions value
$0
Form type
4
Filing time
12 May 2023, 12:42:53 UTC
Previous filing
10 May 2023
Next filing
14 Sep 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 Award $0 +4,500 +61% $0.000000 11,918 10 May 2023 Direct F1
holding QNTO Common Stock 4,220 10 May 2023 By ESOP
holding QNTO Common Stock 4,167 10 May 2023 By 401(k) Plan F2

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 +15,000 $0.000000 15,000 10 May 2023 Common Stock 15,000 $18.00 Direct F3
holding QNTO Stock Option (Right to Buy) 8,136 10 May 2023 Common Stock 8,136 $13.30 Direct F4
* 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.
F2 Based on a report dated March 31, 2023.
F3 The options are vesting at a rate of 20% per year commencing on May 10, 2024.
F4 The options vested at a rate of 20% per year commencing May 9, 2019.

Remarks:

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