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

Signature
/s/ John J. Augustine by P.O.A. for Aimee K. Ott
Stock symbol
QNTO
Transactions as of
May 10, 2023
Transactions value $
$0
Form type
4
Date filed
5/12/2023, 12:42 PM
Previous filing
May 10, 2023
Next filing
Sep 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNTO Common Stock Award $0 +4.5K +60.66% $0.00 11.9K May 10, 2023 Direct F1
holding QNTO Common Stock 4.22K May 10, 2023 By ESOP
holding QNTO Common Stock 4.17K May 10, 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 +15K $0.00 15K May 10, 2023 Common Stock 15K $18.00 Direct F3
holding QNTO Stock Option (Right to Buy) 8.14K May 10, 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 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)