QUAINT OAK BANCORP INC 4

4 · QUAINT OAK BANCORP INC · Filed May 10, 2017

Form 4

Period: 2017-05-08

Chief Lending Officer (Subsid)

Transactions

Holdings

Common Stock
(indirect: By 401(k))
2,400.97
Employee Stock Option (Right to Buy)
Exercise: $8.10Exp: 2023-05-08→ Common Stock (10,000 underlying)
10,000
Common Stock
(indirect: By IRA)
5,000
Common Stock
(indirect: By ESOP)
16,360.551
Employee Stock Option (Right to Buy)
Exercise: $5.00From: 2014-05-14Exp: 2018-05-14→ Common Stock (4,488 underlying)
4,488

Footnotes (8)

[F1]On 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.
[F2]Disposition solely to meet tax obligation for distribution from stock benefit plan.
[F3]Includes 640 shares held in the 2008 Recognition and Retention Plan Trust which reflect the unvested portion of a grant amount originally covering 3,200 shares (adjusted to reflect the stock split) that commenced vesting at a rate of 20% per year on May 8, 2014.
[F4]Includes shares acquired in the reporting person's 401(k) Plan account since the last filed Form 4. Based on a report dated May 10, 2017.
[F5]Includes shares allocated to the reporting person's account in the ESOP since the last filed Form 4.
[F6]In 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.
[F7]The options are vesting at a rate of 20% per year commencing on May 8, 2014.
[F8]The options vested at a rate of 16.667% per year commencing on May 14, 2009.

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