William R. Gonzalez - Aug 29, 2023 Form 4 Insider Report for QUAINT OAK BANCORP INC (QNTO)

Role
EVP and COO*
Signature
/s/ William R. Gonzalez
Stock symbol
QNTO
Transactions as of
Aug 29, 2023
Transactions value $
$14,011
Form type
4
Date filed
8/30/2023, 04:39 PM
Previous filing
May 11, 2023
Next filing
Sep 11, 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 Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $14K +897 +7.79% $15.62 12.4K Aug 29, 2023 By 401(k) Plan F1
holding QNTO Common Stock 11.2K Aug 29, 2023 Direct F2
holding QNTO Common Stock 11K Aug 29, 2023 By ESOP F3
holding QNTO Common Stock 897 Aug 29, 2023 By spouse through ESOP

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) 15K Aug 29, 2023 Common Stock 15K $18.00 Direct F3
holding QNTO Stock Option (Right to Buy) 15K Aug 29, 2023 Common Stock 15K $13.30 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares acquired in the Issuer's 401(k) Plan since the last filed Form 4. Based on a report dated August 30, 2023.
F2 Includes 4,500 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.
F3 The options are vesting at a rate of 20% per year commencing on May 10, 2024.
F4 The options vested at a rate of 20% per year commencing on May 9, 2019.

Remarks:

* Executive Vice President and Chief Operating Officer of Quaint Oak Bank (Issuer subsidiary)