PHILLIPS ROBERT J 4
4 · QUAINT OAK BANCORP INC · Filed Jan 4, 2023
Insider Transaction Report
Form 4
PHILLIPS ROBERT J
Director
Transactions
- Exercise/Conversion
Common Stock
2023-01-03$8.10/sh+8,000$64,800→ 68,329 total - Exercise/Conversion
Stock Option (Right to Buy)
2023-01-03−8,000→ 0 totalExercise: $8.10From: 2018-05-08Exp: 2023-05-08→ Common Stock (8,000 underlying)
Holdings
- 7,500
Stock Option (Right to Buy)
Exercise: $13.30Exp: 2028-05-09→ Common Stock (7,500 underlying) - 1,401(indirect: By IRA)
Common Stock
- 608(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]Includes 400 shares granted pursuant to the Issuer's 2018 Stock Incentive Plan that reflect the unvested portion of a grant amount originally covering 2,000 shares which are vesting ratably over five years at 20% per year commencing on May 9, 2019 and includes 63,904 shares held jointly with the reporting person's spouse.
- [F2]Reflects disposition of 25 shares to satisfy required minimum distribution from individual retirement account of the reporting person's spouse since the last filed Form 4 and transferred to the reporting person's joint account.
- [F3]The options vested at a rate of 20% per year commencing on May 8, 2014.
- [F4]The options are vesting at a rate of 20% per year commencing on May 9, 2019.