SEC Form 4 · accession 0001661044-16-000005
Quotient Technology Inc. · QUOT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Connie Chen
Officer — GC, Sec., and Comp. Officer
Period of report
Sep 3, 2016
Accepted (ET)
Sep 7, 2016 · 4:17 pm EDT
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 Stock | Sep 3, 2016 | M | 9,000 | $0.00 | A | 12,989 | D | |
| Common StockF2 | Sep 6, 2016 | S | 3,464 | $13.271 | D | 9,525 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF3,F4 | $0.00 | Sep 3, 2016 | M | 9,000 | D | — | — | Common Stock | 9,000 | 9,000 | D |
Explanation of responses
- F1The sales reported on this Form 4 were sold by the reporting person pursuant to an Issuer-approved "Sales to Cover Plan" in order to cover withholding taxes incident to the vesting of the restricted stock unit.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.23 to $13.45, 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.
- F3The par value of QUOT common stock is $0.00001 per share.
- F41/4th of the restricted stock unit granted on November 14, 2013 became vested on September 3, 2016 and shares were delivered to reporting person on September 6, 2016. 1/4th of the restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date.