SEC Form 4 · accession 0000927089-16-000997
QUAINT OAK BANCORP, INC. · QNTO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth R Gant
Director
Period of report
Nov 4, 2016
Accepted (ET)
Nov 8, 2016 · 1:59 pm EST
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 | Nov 4, 2016 | S | 1,700 | $11.75 | D | 8,954 | D | |
| Common Stock | holding | — | — | — | 20,000 | I | By IRA | |
| Common Stock | holding | — | — | — | 800 | I | By self as custodian for daughter | |
| Common Stock | holding | — | — | — | 800 | I | By self as custodian for son | |
| Common Stock | holding | — | — | — | 1,600 | I | By sons |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Rights to Buy)F2 | $5.00 | holding | — | — | — | May 14, 2013 | May 14, 2018 | Common Stock | 9,886 | 9,886 | D |
| Stock Option (Right to Buy)F3 | $8.10 | holding | — | — | — | — | May 8, 2023 | Common Stock | 6,000 | 6,000 | D |
Explanation of responses
- F1Includes 800 shares granted pursuant to the 2013 Stock Incentive Plan which reflect the unvested portion of a grant originally covering 2,000 shares (adjusted to reflect the September 8, 2015, 2-for-1 stock split) that commencd vesting at a rate of 20% per year on May 8, 2014.
- F2The options vested at a rate of 20% per year commencing on May 14, 2009.
- F3The options are vesting ratably over five years at 20% per year commencng on May 8, 2014.