SEC Form 4 · accession 0001601045-17-000001
Quotient Technology Inc. · QUOT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Steven R. Boal
Officer — CEO · Director
Period of report
Dec 1, 2016
Accepted (ET)
Jan 3, 2017 · 6:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001115128
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Dec 1, 2016 | S | 20,000 | $12.2868 | D | 1,272,505 | D | |
| Common StockF3,F4 | Dec 29, 2016 | S | 17,900 | $10.4923 | D | 1,254,605 | D | |
| Common Stock | Jan 3, 2017 | S | 1,358 | $10.95 | D | 1,253,247 | D | |
| Common StockF5 | holding | — | — | — | 3,954,976 | I | By Family Trust | |
| Common StockF6 | holding | — | — | — | 454,733 | I | By Trust | |
| Common StockF7 | holding | — | — | — | 454,733 | I | By Wife Trust | |
| Common StockF8 | holding | — | — | — | 3,237 | I | By Child Trust | |
| Common StockF9 | holding | — | — | — | 3,237 | I | By Child Trust | |
| Common StockF10 | holding | — | — | — | 3,237 | I | By Child Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1(1) The sales reported on this Form 4 were sold by the reporting person pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 3, 2016.
- F10(10) These shares are held directly by Stuart Shiff TTEE of the SEB 2011 Trust dated September 23, 2011.
- F2(2) The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.7750 to $12.90, inclusive. The reporting person undertakes to provide Quotient Technology Inc., any security holder of Quotient Technology Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3(3) The reporting person sold shares on December 1, 2016 pursuant to a Rule 10b5-1 trading plan at a weighted average price of $12.2868; however, due to an administrative error by the broker representing the reporting person, such sales on December 1, 2016 were 17,900 shares less than what was authorized and directed by the 10b5-1 trading plan and the reporting person. Upon discovery of the unexecuted sales, the broker sold 17,900 shares at a weighted average price of $10.4923 on December 29, 2016. Also, the broker compensated the reporting person for the price differential between the authorized but unexecuted December 1, 2016 sales and the December 29, 2016 sales.
- F4(4) The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.35 to $10.70, inclusive. The reporting person undertakes to provide Quotient Technology Inc., any security holder of Quotient Technology Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5(5) These shares are held directly by the SMSEJ Family Trust U/AA dated July 18, 2005 of which Mr. Boal is a co-trustee.
- F6(6) These shares are held directly by Steven R. Boal TTEE of the Steven R. Boal Annuity Trust dated December 6, 2013.
- F7(7) These shares are held directly by Steven R. Boal TTEE of the Michelle L. Boal Annuity Trust dated December 6, 2013.
- F8(8) These shares are held directly by Stuart Shiff TTEE of the EBB 2011 Trust dated September 23, 2011.
- F9(9) These shares are held directly by Stuart Shiff TTEE of the JMB 2011 Trust dated September 23, 2011.