Robert J. Phillips - 10 May 2023 Form 4 Insider Report for QUAINT OAK BANCORP INC (QNTO)

Role
Director
Signature
/s/ John J. Augustine by P.O.A. for Robert J. Phillips
Issuer symbol
QNTO
Transactions as of
10 May 2023
Net transactions value
$0
Form type
4
Filing time
12 May 2023, 12:38:51 UTC
Previous filing
04 Jan 2023
Next filing
11 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNTO Common Stock Award $0 +1,000 +1.5% $0.000000 69,329 10 May 2023 Direct F1
holding QNTO Common Stock 1,401 10 May 2023 By IRA
holding QNTO Common Stock 608 10 May 2023 By Spouse in IRA

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) Award $0 +5,000 $0.000000 5,000 10 May 2023 Common Stock 5,000 $18.00 Direct F2
holding QNTO Stock Option (Right to Buy) 7,500 10 May 2023 Common Stock 7,500 $13.30 Direct F3
* 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 63,904 shares held jointly with the reporting person's spouse.
F2 The options are vesting at a rate of 20% per year commencing on May 10, 2024.
F3 The options vested at a rate of 20% per year commencing on May 9, 2019.