Andrew E. Dipiero Jr - May 8, 2023 Form 4 Insider Report for QUAINT OAK BANCORP INC (QNTO)

Role
Director
Signature
/s/ Diane J. Colyer by P.O.A. for Andrew E. DiPiero, Jr.
Stock symbol
QNTO
Transactions as of
May 8, 2023
Transactions value $
$44,505
Form type
4
Date filed
5/10/2023, 11:58 AM
Previous filing
May 21, 2021
Next 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 $44.6K +5.5K +30.41% $8.10 23.6K May 8, 2023 Direct F1
transaction QNTO Common Stock Tax liability -$45 -2.46 -0.01% $18.10 21.1K May 8, 2023 Direct F1
holding QNTO Common Stock 10K May 8, 2023 By IRA
holding QNTO Common Stock 2K May 8, 2023 By Spouse

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 -5.5K -100% $0.00* 0 May 8, 2023 Common Stock 5.5K $8.10 Direct F2
holding QNTO Stock Option (Right to Buy) 5K May 8, 2023 Common Stock 5K $13.30 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 300 shares granted pursuant to the Issuer's 2018 Stock Incentive Plan which reflect the unvested portion of a grant amount originally covering 1,500 shares that commenced vesting at a rate of 20% per year on May 9, 2019.
F2 The options vested at a rate of 20% per year commencing on May 8, 2014.
F3 The options are vesting at a rate of 20% per year commencing on May 9, 2019.