SEC Form 4 · accession 0000899243-15-005954
Quotient Ltd · QTNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frederick Hallsworth
Director
Period of report
Oct 2, 2015
Accepted (ET)
Oct 2, 2015 · 4:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001596946
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | Oct 2, 2015 | X | 5,000 | $8.80 | A | 36,504 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Ordinary Share WarrantsF1 | — | Oct 2, 2015 | X | 6,250 | D | Jul 24, 2014 | Oct 25, 2015 | Ordinary Shares | 5,000 | 0 | D |
| Employee Stock Option (right to buy)F2 | $8.00 | holding | — | — | — | — | Apr 29, 2024 | Ordinary Shares | 5,000 | 5,000 | D |
| Option to Purchase Ordinary SharesF3 | — | holding | — | — | — | Feb 13, 2014 | Aug 30, 2022 | Ordinary Shares | 20,014 | 20,014 | D |
| Ordinary Share Option (right to buy)F4 | $9.95 | holding | — | — | — | — | Oct 31, 2024 | Ordinary Shares | 5,025 | 5,025 | D |
Explanation of responses
- F1In connection with Quotient Limited's initial public offering, 6,250 units were purchased on 4/30/2014 at a price of $8.00 per unit. Each unit consisted of one Ordinary Share and one warrant to purchase 0.8 of one Ordinary Share. The Ordinary Shares and warrants comprising the units began trading separately on May 24, 2014. Each warrant is exercisable until 5:30 p.m. on October 25, 2015 at an exercise price of $8.80 per Ordinary Share.
- F21,666 options vested on April 29, 2015 and remain exercisable, 1,667 options will vest on April 29, 2016, 1,667 options will vest on April 29, 2017.
- F3The exercise price will be paid in pounds sterling, at GBP0.91 per share.
- F41,675 options vested on October 31, 2014 and remain exercisable, 1,675 options will vest on October 31, 2015, 1,675 options will vest on October 31, 2017.