Robert J. Phillips - Sep 11, 2023 Form 4 Insider Report for QUAINT OAK BANCORP INC (QNTO)

Role
Director
Signature
/s/ Diane J. Colyer POA for Robert J. Phillips
Stock symbol
QNTO
Transactions as of
Sep 11, 2023
Transactions value $
$45,021
Form type
4
Date filed
9/11/2023, 06:10 PM
Previous filing
May 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNTO Common Stock Options Exercise $45K +3.39K +4.88% $13.30 72.7K Sep 11, 2023 Direct F1
holding QNTO Common Stock 1.4K Sep 11, 2023 By IRA
holding QNTO Common Stock 608 Sep 11, 2023 By Spouse in IRA

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 -3.39K -45.13% $0.00 4.12K Sep 11, 2023 Common Stock 3.39K $13.30 Direct F2
holding QNTO Stock Option (Right to Buy) 5K Sep 11, 2023 Common Stock 5K $18.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,000 shares granted pursuant to the Issuer's 2023 Stock Incentive Plan that are vesting ratably over five years at 20% per year commencing on May 10, 2024 and includes 67,289 shares held jointly with the reporting person's spouse.
F2 The options vested at a rate of 20% per year commencing on May 9, 2019.
F3 The options are vesting at a rate of 20% per year commencing on May 10, 2024.