Robert T. Strong - 10 May 2023 Form 4/A - Amendment Insider Report for QUAINT OAK BANCORP INC (QNTO)

Role
President and CEO, Director
Signature
/s/ Diane J. Colyer POA for Robert T. Strong
Issuer symbol
QNTO
Transactions as of
10 May 2023
Net transactions value
$0
Form type
4/A - Amendment
Filing time
15 Sep 2023, 17:23:37 UTC
Date Of Original Report
12 May 2023
Previous filing
22 Feb 2023
Next filing
15 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 +2.5% $0.000000 182,395 10 May 2023 Direct F1
holding QNTO Common Stock 22,742 10 May 2023 By IRA
holding QNTO Common Stock 8,943 10 May 2023 By 401(k) Plan F2
holding QNTO Common Stock 33,944 10 May 2023 By ESOP F3

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 Common Stock (Right to Buy) Award $0 +15,000 $0.000000 15,000 10 May 2023 Common Stock 15,000 $18.00 Direct F4
holding QNTO Common Stock (Right to Buy) 30,000 10 May 2023 Common Stock 30,000 $13.30 Direct F5
* 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 175,895 shares held jointly with the reporting person's spouse.
F2 Based on a report dated March 21, 2023.
F3 Includes shares allocated to the reporting person's ESOP account since the last filed Form 4.
F4 The options are vesting at a rate of 20% per year commencing on May 10, 2024.
F5 The options vested at a rate of 20% per year commencing on May 9, 2019.

Remarks:

The reporting person is amending this Form 4 to correct that the 15,000 stock options in Table II were acquired on May 10, 2023