Robert T. Strong - Aug 19, 2024 Form 4 Insider Report for QUAINT OAK BANCORP INC (QNTO)

Role
President and CEO, Director
Signature
/s/ John J. Augustine By: POA for Robert T. Strong
Stock symbol
QNTO
Transactions as of
Aug 19, 2024
Transactions value $
$5,125
Form type
4
Date filed
8/21/2024, 02:06 PM
Previous filing
Sep 15, 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 Purchase $5.13K +500 +0.25% $10.25 199K Aug 19, 2024 Direct F1
holding QNTO Common Stock 22.7K Aug 19, 2024 By IRA
holding QNTO Common Stock 10K Aug 19, 2024 By 401(k) Plan F2
holding QNTO Common Stock 32.3K Aug 19, 2024 By ESOP F3

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 Common Stock (Right to Buy) 15K Aug 19, 2024 Common Stock 15K $13.30 Direct F4
holding QNTO Common Stock (Right to Buy) 15K Aug 19, 2024 Common Stock 15K $18.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 3,600 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 and 195,885 shares held jointly with the reporting person's spouse which includes 17,038 shares transferred from direct to joint ownership since the last filed Form 4, and reflects acquisition of 3,051 shares to satisfy required minimum distribution from the ESOP account of the reporting person to the reporting person's joint account with his spouse since the last filed Form 4.
F2 Includes shares acquired in the Issuer's 401(k) Plan since the last filed Form 4. Based on a report dated July 31, 2024.
F3 Includes shares allocated to the reporting person's ESOP account and required minimum distribution of 3,051 shares since the last filed Form 4.
F4 The options vested at a rate of 20% per year commencing on May 9, 2019 and were fully vested as of May 9, 2023.
F5 The options are vesting at a rate of 20% per year commencing on May 10, 2024.