John J. Augustine - 10 May 2024 Form 4 Insider Report for QUAINT OAK BANCORP INC (QNTO)

Signature
/s/ Diane J. Colyer POA for John J. Augustine
Issuer symbol
QNTO
Transactions as of
10 May 2024
Net transactions value
-$3,343
Form type
4
Filing time
06 Jun 2024, 17:39:32 UTC
Previous filing
15 Sep 2023
Next filing
09 Sep 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNTO Common Stock Tax liability $3,343 -331 -0.73% $10.10 45,227 10 May 2024 Direct F1, F2
holding QNTO Common Stock 13,719 10 May 2024 By 401(k) Plan F3
holding QNTO Common Stock 25,200 10 May 2024 By IRA
holding QNTO Common Stock 3,000 10 May 2024 By Spouse
holding QNTO Common Stock 20,127 10 May 2024 By ESOP F4

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 Employee Stock Option (Right to Buy) 17,000 10 May 2024 Common Stock 17,000 $13.30 Direct F5
holding QNTO Employee Stock Option (Right to Buy) 15,000 10 May 2024 Common Stock 15,000 $18.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Disposition solely to meet tax obligation for distribution from stock benefit plan.
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 Includes shares acquired in the Issuer's 401(k) Plan since the last filed Form 4. Based on a report dated June 6, 2024.
F4 Includes shares allocated to the reporting person's ESOP account since the last filed Form 4.
F5 The options vested at a rate of 20% per year commencing on May 9, 2019.
F6 The options are vesting at a rate of 20% per year commencing on May 10, 2024.