SEC Form 4 · accession 0000927089-18-000196
QUAINT OAK BANCORP, INC. · QNTO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Farrer
Officer — VP Risk and Compliance*
Period of report
May 8, 2018
Accepted (ET)
May 9, 2018 · 3:17 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 | May 8, 2018 | M | 2,930 | $5.00 | A | 6,980 | D | |
| Common StockF1,F2 | holding | — | — | — | 10,100 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3,F4 | $5.00 | May 8, 2018 | M | 2,930 | D | May 14, 2013 | May 14, 2018 | Common Stock | 2,930 | 0 | D |
| Employee Stock Option (Right to Buy)F3,F5 | $8.10 | holding | — | — | — | May 8, 2018 | May 8, 2023 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1On September 8, 2015, the Issuer effected a 2-for-1 stock split. The number of shares reported throughout this Form 4 have been adjusted to reflect the stock split.
- F2Includes shares allocated to the reporting person's ESOP account since the last filed Form 4.
- F3In accordance with the terms of the stock option plan and stock incentive plan the exercise price of the options and number of shares subject to the option have been adjusted to reflect the stock split.
- F4The options vested at a rate of 20% per year commencing on May 14, 2009.
- F5The options vested at a rate of 20% per year commencing on May 8, 2014.
Remarks
* Vice President Risk and Compliance, Information Technology Security Officer and CRA Officer of Quaint Oak Bank (Issuer subsidiary).