KENNETH R. GANT - 13 Sep 2023 Form 4 Insider Report for QUAINT OAK BANCORP INC (QNTO)

Role
Director
Signature
/s/ Diane J. Colyer POA for Kenneth R. Gant
Issuer symbol
QNTO
Transactions as of
13 Sep 2023
Net transactions value
+$24,600
Form type
4
Filing time
14 Sep 2023, 15:16:23 UTC
Previous filing
12 May 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 Options Exercise $26,600 +2,000 +9.1% $13.30 23,890 13 Sep 2023 Direct F1
holding QNTO Common Stock 20,000 13 Sep 2023 By IRA
holding QNTO Common Stock 800 13 Sep 2023 By self as custodian for daughter

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 $2,000 3,000 13 Sep 2023 Common Stock 2,000 $13.30 Direct F2
holding QNTO Stock Option (Right to Buy) 5,000 13 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 are vesting ratably over five years at 20% per year commencing on May 10, 2024.
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.