William R. Gonzalez - 10 May 2024 Form 4 Insider Report for QUAINT OAK BANCORP INC (QNTO)

Role
President and COO*
Signature
/s/ Diane J. Colyer POA for William R. Gonzalez
Issuer symbol
QNTO
Transactions as of
10 May 2024
Net transactions value
-$3,343
Form type
4
Filing time
06 Jun 2024, 17:48:26 UTC
Previous filing
11 Sep 2023
Next filing
26 Aug 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 Tax liability $3,343 -331 -2.2% $10.10 14,662 10 May 2024 Direct F1, F2
holding QNTO Common Stock 12,835 10 May 2024 By 401(k) Plan F3
holding QNTO Common Stock 11,724 10 May 2024 By ESOP F4
holding QNTO Common Stock 1,010 10 May 2024 By spouse through ESOP F4

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
holding QNTO Stock Option (Right to Buy) 11,220 10 May 2024 Common Stock 11,220 $13.30 Direct F5
holding QNTO Stock Option (Right to Buy) 15,000 10 May 2024 Common Stock 15,000 $18.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Disposition solely to meet tax obligation for distribution from stock benefit plan.
F2 Includes 3,600 shares granted pursuant to the Issuer's 2023 Stock Incentive Plan which reflect the unvested portion of a grant amount originally covering 4,500 shares that commenced vesting at a rate of 20% per year on May 10, 2024.
F3 Includes shares acquired in the Issuer's 401(k) Plan since the last filed Form 4. Based on a report dated June 6, 2024.
F4 Includes shares allocated to the ESOP account since the last filed Form 4.
F5 The options vested at a rate of 20% per year commencing on May 9, 2019.
F6 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)