QUAINT OAK BANCORP INC 4
4 · QUAINT OAK BANCORP INC · Filed Feb 24, 2016
Insider Transaction Report
Form 4
DIPIERO ANDREW E JR
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2016-02-23$5.00/sh+2,321$11,605→ 11,154 total - Sale
Common Stock
[F1]2016-02-23$12.00/sh−1,000$12,000→ 10,154 total - Exercise/Conversion
Stock Option (Right to Buy)
[F2]2016-02-23−2,321→ 9,286 totalExercise: $5.00From: 2013-05-14Exp: 2018-05-14→ Common Stock (2,321 underlying)
Holdings
- 10,000(indirect: By IRA)
Common Stock
- 2,000(indirect: By Spouse)
Common Stock
- 6,000
Stock Option (Right to Buy
[F3]Exercise: $8.10Exp: 2023-05-08→ Common Stock (6,000 underlying)
Footnotes (3)
- [F1]Includes 1,200 shares which reflect the unvested portion of a grant amount originally covering 2,000 shares (adjusted to reflect the stock split) under the 2013 Stock Incentive Plan that are vesting ratably over five years at 20% per year commencing on May 8, 2014.
- [F2]The options vested at a rate of 20% per year commencing on May 14, 2009.
- [F3]The options are vesting ratably over five years at 20% per year commencing on May 8, 2014.
Signature
/s/ John J. Augustine by P.O.A. for Andrew E. DiPiero, Jr.|2016-02-24