SEC Form 4 · accession 0001661044-17-000002
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
Mir Aamir
Officer — CFO and COO
Period of report
Feb 20, 2017
Accepted (ET)
Feb 23, 2017 · 7:29 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 StockF1 | Feb 20, 2017 | M | 81,250 | $0.00 | A | 395,067 | D | |
| Common StockF3,F1 | Feb 21, 2017 | S | 662 | $11.7933 | D | 394,405 | D | |
| Common StockF4,F1 | Feb 21, 2017 | S | 14,562 | $12.5182 | D | 379,843 | D | |
| Common StockF5,F1 | Feb 21, 2017 | S | 34,623 | $12.2581 | D | 345,220 | 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 UnitF6,F7 | — | Feb 20, 2017 | M | 37,500 | D | — | — | Common Stock | 37,500 | 37,500 | D |
| Restricted Stock UnitF6,F8 | — | Feb 20, 2017 | M | 43,750 | D | — | — | Common Stock | 43,750 | 87,500 | D |
Explanation of responses
- F1Of the shares held by the reporting person, 95,994 shares are represented by restricted stock units which will vest in full on October 24, 2017.
- F2The 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 units.
- F3The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.75 5o $11.80, 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.
- F4The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.20 to $12.85, 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.
- F5The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.825 to $12.85, 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.
- F6The par value of QUOT common stock is $0.00001 per share.
- F71/4th of the restricted stock unit granted on May 1, 2014 became vested on February 20, 2017 and shares were delivered to reporting person on February 21, 2017. 1/4th of the restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date.
- F81/4th of the restricted stock unit granted on February 5, 2015 became vested on February 20, 2017 and shares were delivered to reporting person on February 21, 2017. 1/4th of the restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date.