SEC Form 4 · accession 0000927089-16-001043
QUAINT OAK BANCORP, INC. · QNTO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Phillips
Director
Period of report
Dec 2, 2016
Accepted (ET)
Dec 5, 2016 · 10:34 am 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 | Dec 2, 2016 | M | 1,200 | $5.00 | A | 38,946 | D | |
| Common Stock | holding | — | — | — | 1,456 | I | By IRA | |
| Common Stock | holding | — | — | — | 660 | I | By Spouse |
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)F2 | $5.00 | Dec 2, 2016 | M | 1,200 | D | May 14, 2013 | May 14, 2018 | Common Stock | 30,044 | 30,044 | D |
| Stock Option (Right to Buy)F3 | $8.10 | holding | — | — | — | — | May 8, 2023 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Includes 1,200 shares granted pursuant to the 2013 Stock Incentive Plan which reflect the unvested portion of a grant amount originally covering 3,000 shares (adjusted to reflect the 2-for-1 stock split) that commenced vesting at a rate of 20% per year on May 8, 2014 and 36,546 shares held jointly with the reporting person's spouse.
- F2The options vested 20% per year in five equal annual installments beginning on May 14, 2009.
- F3The options are vesting ratably over five years at 20% per year commencing on May 8, 2014.