QUAINT OAK BANCORP INC 4
4 · QUAINT OAK BANCORP INC · Filed Jan 12, 2017
Insider Transaction Report
Form 4
AGER GEORGE M JR
Director
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2017-01-11−7,000→ 536 totalExercise: $5.00From: 2013-05-14Exp: 2018-05-14→ Common Stock (7,000 underlying) - Exercise/Conversion
Common Stock
2017-01-11$5.00/sh+7,000$35,000→ 30,864 total
Holdings
- 902(indirect: By Spouse)
Common Stock
- 5,262.452(indirect: By Spouse)
Common Stock
- 6,000
Stock Option (Right to Buy)
Exercise: $8.10Exp: 2023-05-08→ Common Stock (6,000 underlying)
Footnotes (3)
- [F1]Includes 800 shares granted pursuant to the 2013 Stock Incentive Plan which reflect the unvested portion of a grant originally covering 2,000 shares (adjusted to reflect the 2-for-1 stock split on September 8, 2015) that commenced vesting at a rate of 20% per year on May 8, 2014 and 23,310 shares held jointly with the reporting person's spouse.
- [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.