SEC Form 4 · accession 0000927089-15-000378
QUAINT OAK BANCORP, INC. · QNTO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George M Ager Jr.
Director
Period of report
Aug 18, 2015
Accepted (ET)
Aug 19, 2015 · 12:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001391933
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 18, 2015 | M | 1,000 | $10.00 | A | 8,277 | D | |
| Common StockF2 | Aug 18, 2015 | M | 1,480 | $10.00 | A | 9,757 | D | |
| Common Stock | holding | — | — | — | 451 | I | By Spouse | |
| Common StockF3 | holding | — | — | — | 2,631 | I | By Spouse through ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F4 | $10.00 | Aug 18, 2015 | M | 1,000 | D | May 14, 2013 | May 14, 2018 | Common Stock | 1,000 | 5,943 | D |
| Employee Stock Option (Right to Buy)F4 | $10.00 | Aug 18, 2015 | M | 1,480 | D | May 14, 2013 | May 14, 2018 | Common Stock | 1,480 | 0 | I |
| Stock Option (Right to Buy)F5 | $16.20 | holding | — | — | — | — | May 8, 2023 | Common Stock | 3,000 | 3,000 | D |
Explanation of responses
- F1Includes 600 shares granted pursuant to the 2013 Stock Incentive Plan which reflect the unvested portion of a grant originally covering 1,000 shares that commenced vesting at a rate of 20% per year on May 8, 2014 and 4,500 shares held jointly with the reporting person's spouse.
- F2Includes 600 shares granted pursuant to the 2013 Stock Incentive Pl;an which reflect the unvested portion of a grant originally covering 1,000 shares that commenced vesting at a rate of 20% per year on May 8, 2014 and 5,980 shares held jointly with the reporting person's spouse.
- F3Includes shares allocated to the ESOP account of the reporting person's spouse since the last filed Form 4.
- F4The options vested at a rate of 20% per year commencing on May 14, 2009.
- F5The options are vesting ratably over five years at 20% per year commencing on May 8, 2014.