STRONG ROBERT T 4
4 · QUAINT OAK BANCORP INC · Filed Aug 21, 2024
Insider Transaction Report
Form 4
STRONG ROBERT T
DirectorChief Executive Officer10% Owner
Transactions
- Purchase
Common Stock
2024-08-19$10.25/sh+500$5,125→ 199,485 total
Holdings
- 32,259.439(indirect: By ESOP)
Common Stock
- 22,742(indirect: By IRA)
Common Stock
- 10,013.438(indirect: By 401(k))
Common Stock
- 14,962
Common Stock (Right to Buy)
Exercise: $13.30From: 2023-05-09Exp: 2028-05-09→ Common Stock (14,962 underlying) - 15,000
Common Stock (Right to Buy)
Exercise: $18.00Exp: 2033-05-10→ Common Stock (15,000 underlying)
Footnotes (5)
- [F1]Includes 3,600 shares granted pursuant to the Issuer's 2023 Stock Incentive plan that are vesting ratably over five years at 20% per year commencing on May 10, 2024 and 195,885 shares held jointly with the reporting person's spouse which includes 17,038 shares transferred from direct to joint ownership since the last filed Form 4, and reflects acquisition of 3,051 shares to satisfy required minimum distribution from the ESOP account of the reporting person to the reporting person's joint account with his spouse since the last filed Form 4.
- [F2]Includes shares acquired in the Issuer's 401(k) Plan since the last filed Form 4. Based on a report dated July 31, 2024.
- [F3]Includes shares allocated to the reporting person's ESOP account and required minimum distribution of 3,051 shares since the last filed Form 4.
- [F4]The options vested at a rate of 20% per year commencing on May 9, 2019 and were fully vested as of May 9, 2023.
- [F5]The options are vesting at a rate of 20% per year commencing on May 10, 2024.