QUAINT OAK BANCORP INC 4
4 · QUAINT OAK BANCORP INC · Filed Feb 23, 2017
Insider Transaction Report
Form 4
PHILLIPS ROBERT J
Director
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2017-02-23−4,200→ 18,644 totalExercise: $5.00From: 2013-05-14Exp: 2018-05-14→ Common Stock (4,200 underlying) - Exercise/Conversion
Common Stock
2017-02-23$5.00/sh+4,200$21,000→ 44,346 total
Holdings
- 1,456(indirect: By IRA)
Common Stock
- 658(indirect: By Spouse)
Common Stock
- 10,000
Stock Option (Right to Buy)
Exercise: $8.10Exp: 2023-05-08→ Common Stock (10,000 underlying)
Footnotes (3)
- [F1]Includes 1,200 shares granted pursuant to the 2013 Stock Incentive Plan which reflect the unvested portion of a grant amount originally covering 3,000 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 41,946 shares held jointly with the reporting person's spouse.
- [F2]The options vested 20% per year in five equal annual installments beginning on May 14, 2009.
- [F3]The options are vesting ratably over five years at 20% per year commencing on May 8, 2014.