Sec Form 4 Filing - COLYER DIANE J @ QUAINT OAK BANCORP INC - 2019-05-09

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person COLYER DIANE J 2. Issuer Name and Ticker or Trading Symbol QUAINT OAK BANCORP INC [ QNTO] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) SVP and Corporate Secretary (Last) (First) (Middle) C/O QUAINT OAK BANCORP, INC., 501 KNOWLES AVENUE 3. Date of Earliest Transaction (MM/DD/YY) 05/09/2019 (Street) SOUTHAMPTON, PA18966 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 05/09/2019 F( 1 ) 140 D $ 12.58 8,914 ( 2 ) D Common Stock 2,820 I By IRA Common Stock 1,200 I By Spouse Common Stock 12,372.522 ( 3 ) I By ESOP Common Stock 767.58 ( 4 ) I By 401(k) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Employee Stock Option (Right to Buy) $ 13.3 ( 5 ) 05/09/2028 Common Stock 6,000 6,000 D Employee Stock Option (Right to Buy) $ 8.1 05/08/2018( 6 ) 05/08/2023 Common Stock 10,000 10,000 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other COLYER DIANE J C/O QUAINT OAK BANCORP, INC. 501 KNOWLES AVENUE SOUTHAMPTON, PA18966 SVP and Corporate Secretary Signatures /s/Diane J. Colyer 05/13/2019 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Disposition solely to meet tax obligation for distribution from stock benefit plan. ( 2 )Includes 1,600 shares granted pursuant to the Issuer's 2013 Stock Incentive Plan which reflect the unvested portion of a grant amount originally covering 2,000 shares that commenced vesting at a rate of 20% per year on May 9, 2019. ( 3 )Includes shares allocated to the reporting person's ESOP account since the last filed Form 4. ( 4 )Includes shares acquired in the Issuer's 401(k) Plan since the last filed Form 4. Based on a report dated May 13, 2019. ( 5 )The options are vesting at a rate of 20% per year commencing on May 9, 2019. ( 6 )The options vested at a rate of 20% per year commencing May 8, 2014.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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