SEC Form 4 · accession 0000927089-18-000125
QUAINT OAK BANCORP, INC. · QNTO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Augustine
Officer — EVP & Chief Financial Officer · Director
Period of report
Mar 14, 2018
Accepted (ET)
Mar 15, 2018 · 3:20 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 | Mar 14, 2018 | M | 13,886 | $5.00 | A | 24,772 | D | |
| Common StockF1 | Mar 14, 2018 | S | 5,260 | $13.20 | D | 19,512 | D | |
| Common StockF2 | holding | — | — | — | 3,045 | I | By 401(k) Plan | |
| Common Stock | holding | — | — | — | 22,200 | I | By IRA | |
| Common Stock | holding | — | — | — | 3,000 | I | By Spouse | |
| Common StockF3 | holding | — | — | — | 12,580 | I | By 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 | $5.00 | Mar 14, 2018 | M | 13,886 | D | May 14, 2013 | May 14, 2018 | Common Stock | 13,886 | 0 | D |
| Employee Stock Option (Right to Buy)F5 | $8.10 | holding | — | — | — | — | May 8, 2023 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Includes 1,070 shares held in the 2008 Recognition and Retention Plan Trust which reflect the unvested portion of a grant amount originally covering 5,318 shares (adjusted to reflect the September 8, 2015, 2-for-1 stock split) that commenced vesting at a rate of 20% per year on May 8, 2014 and 338 shares granted prusuant to the 2013 Stock Incentive Plan which reflect the unvested portion of a grant amount originally covering 1,682 shares (adjusted to reflect the September 8, 2015, 2-for-1 stock split) that commenced vesting at a rate of 20% per year on May 8, 2014.
- F2Includes shares acquired in the Issuer's 401(k) Plan since the last filed Form 4. Based on a report dated March 15, 2018.
- F3Includes shares allocated to the reporting person's ESOP account 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 at a rate of 20% per year commencing on May 8, 2014.