SEC Form 4 · accession 0001661044-18-000006
Quotient Technology Inc. · QUOT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven R. Boal
Officer — Executive Chairman · Director
Period of report
Feb 14, 2018
Accepted (ET)
Feb 16, 2018 · 9:04 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 Stock | Feb 14, 2018 | M | 50,000 | $0.00 | A | 3,300,146 | D | |
| Common Stock | Feb 14, 2018 | F | 17,618 | $12.85 | D | 3,282,528 | D | |
| Common StockF2 | Feb 16, 2018 | S | 50,000 | $13.1978 | D | 3,232,528 | D | |
| Common StockF3 | holding | — | — | — | 7,882 | I | By Family Trust | |
| Common StockF4 | holding | — | — | — | 564,328 | I | By Trust | |
| Common StockF5 | holding | — | — | — | 564,328 | I | By Wife Trust | |
| Common StockF6 | holding | — | — | — | 3,237 | I | By Child Trust | |
| Common StockF7 | holding | — | — | — | 3,237 | I | By Child Trust | |
| Common StockF8 | holding | — | — | — | 3,237 | I | By Child Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF9,F10 | $0.00 | Feb 14, 2018 | M | 50,000 | D | — | — | Common Stock | 50,000 | 150,000 | D |
Explanation of responses
- F1The 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 November 16,2017.
- F1025% of the restricted stock unit granted on February 14,2017 became vested on February 14, 2018 and shares were delivered to reporting person on such date. 25% of the restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.97 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.
- F3These shares are held directly by the SMSEJ Family Trust U/A dated July 18, 2005 of which Mr. Boal is a co-trustee.
- F4These shares are held directly by Steven R Boal TTEE of the Steven R Boal Annuity Trust dated December 6, 2013.
- F5These shares are held directly by Steven R. Boal TTEE of the Michele L. Boal Annuity Trust dated December 6, 2013.
- F6These shares are held directly by Stuart Shiff TTEE of the EBB 2011 Trust dated September 23, 2011.
- F7These shares are held directly by Stuart Shiff TTEE of the JMB 2011 Trust dated September 23, 2011.
- F8These shares are held directly by Stuart Shiff TTEE of the SEB 2011 Trust dated September 23, 2011.
- F9The par value of QUOT common stock is $0.00001 per share.