James J. Clarke - 19 Sep 2023 Form 4 Insider Report for QUAINT OAK BANCORP INC (QNTO)

Role
Director
Signature
/s/ Diane J. Colyer as P.O.A. for James J. Clarke
Issuer symbol
QNTO
Transactions as of
19 Sep 2023
Net transactions value
+$23,370
Form type
4
Filing time
19 Sep 2023, 12:41:55 UTC
Previous filing
12 May 2023
Next filing
20 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNTO Common Stock Options Exercise $25,270 +1,900 +2.9% $13.30 67,040 19 Sep 2023 Direct F1

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 $1,900 100 19 Sep 2023 Common Stock 1,900 $13.30 Direct F2
holding QNTO Stock Option (Right to Buy) 5,000 19 Sep 2023 Common Stock 5,000 $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 vest ratably over five years at 20% per year commencing on May 10, 2024 and includes 32,200 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.