William R. Gonzalez - Aug 22, 2024 Form 4 Insider Report for QUAINT OAK BANCORP INC (QNTO)

Signature
/s/ William R. Gonzalez
Stock symbol
QNTO
Transactions as of
Aug 22, 2024
Transactions value $
$25,005
Form type
4
Date filed
8/26/2024, 11:12 AM
Previous filing
Jun 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNTO Common Stock Purchase $25K +2.5K +19.5% $9.99 15.3K Aug 22, 2024 By 401(k) Plan F1
holding QNTO Common Stock 14.7K Aug 22, 2024 Direct F2
holding QNTO Common Stock 11.7K Aug 22, 2024 By ESOP
holding QNTO Common Stock 1.01K Aug 22, 2024 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) 11.2K Aug 22, 2024 Common Stock 11.2K $13.30 Direct F3
holding QNTO Stock Option (Right to Buy) 15K Aug 22, 2024 Common Stock 15K $18.00 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 July 31, 2024.
F2 Includes 3,600 shares granted pursuant to the Issuer's 2023 Stock Incentive Plan which reflect the unvested portion of a grant amount originally covering 4,500 shares that commenced vesting at a rate of 20% per year on May 10, 2024.
F3 The options vested at a rate of 20% per year commencing on May 9, 2019 and were fully vested as of May 9, 2023.
F4 The options are vesting at a rate of 20% per year commencing on May 10, 2024.

Remarks:

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