William R. Gonzalez - 11 Sep 2023 Form 4 Insider Report for QUAINT OAK BANCORP INC (QNTO)

Role
EVP and COO*
Signature
/s/ Diane J. Colyer POA for William R. Gonzalez
Issuer symbol
QNTO
Transactions as of
11 Sep 2023
Net transactions value
+$50,274
Form type
4
Filing time
11 Sep 2023, 18:12:16 UTC
Previous filing
30 Aug 2023
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 Options Exercise $50,274 +3,780 +34% $13.30 14,993 11 Sep 2023 Direct F1
holding QNTO Common Stock 12,416 11 Sep 2023 By 401(k) Plan F2
holding QNTO Common Stock 11,030 11 Sep 2023 By ESOP
holding QNTO Common Stock 897 11 Sep 2023 By spouse through 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) Options Exercise $0 +3,780 +51% $0.000000 11,220 11 Sep 2023 Common Stock 3,780 $13.30 Direct F3
holding QNTO Stock Option (Right to Buy) 15,000 11 Sep 2023 Common Stock 15,000 $18.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 4,500 shares granted 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 August 30, 2023.
F3 The options vested at a rate of 20% per year commencing on May 9, 2019.
F4 The options are vesting at a rate of 20% per year commencing on May 10, 2024.

Remarks:

* Executive Vice President and Chief Operating Officer of Quaint Oak Bank (Issuer subsidiary)