SEC Form 4 · accession 0000927089-18-000219
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
May 9, 2018
Accepted (ET)
May 11, 2018 · 5:50 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 9, 2018 | A | 7,500 | $0.00 | A | 26,611 | D | |
| Common Stock | holding | — | — | — | 3,076 | I | By 401(k) Plan | |
| Common Stock | holding | — | — | — | 22,200 | I | By IRA | |
| Common Stock | holding | — | — | — | 3,000 | I | By Spouse | |
| Common Stock | holding | — | — | — | 14,653 | 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)F2 | $13.30 | May 9, 2018 | A | 20,000 | A | — | May 9, 2028 | Common Stock | 20,000 | 20,000 | D |
| Employee Stock Option (Right to Buy)F3 | $8.10 | holding | — | — | — | May 8, 2018 | May 8, 2023 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Represents the grant of shares pursuant to the Issuer's 2018 Stock Incentive Plan that vest ratably over five years at 20% per year commencing on May 9, 2019.
- F2The options are vesting at a rate of 20% per year commencing on May 9, 2019.
- F3The options vested at a rate of 20% per year commencing on May 8, 2014.