SEC Form 4 · accession 0000899243-15-007517
Quotient Ltd · QTNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sarah A Oconnor
Director
Period of report
Oct 31, 2015
Accepted (ET)
Nov 3, 2015 · 7:36 pm EST
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 | holding | — | — | — | 10,000 | 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 Option (right to buy)F1 | $11.62 | Oct 31, 2015 | A | 4,303 | A | — | Oct 31, 2025 | Ordinary Shares | 4,303 | 4,303 | D |
| Restricted Stock UnitsF2,F3 | — | Oct 31, 2015 | A | 2,582 | A | — | — | Ordinary Shares | 2,582 | 2,582 | D |
| Ordinary Share Option (right to buy)F4 | $9.26 | holding | — | — | — | — | Aug 5, 2024 | Ordinary Shares | 10,800 | 10,800 | D |
| Ordinary Share Option (right to buy)F5 | $9.95 | holding | — | — | — | — | Oct 31, 2024 | Ordinary Shares | 5,052 | 5,025 | D |
Explanation of responses
- F1The options vest and become exercisable in three equal annual installments beginning October 31, 2016.
- F2The Restricted Stock Units convert into ordinary shares on a one-for-one basis.
- F3On October 31, 2015, the reporting person was granted 2,582 restricted stock units, vesting in two equal annual installments on the first and second anniversary of the date of the grant.
- F43,600 options vested on August 5, 2015 and remain exercisable, 3,600 options will vest on August 6, 2016, 3,600 options will vest on August 6, 2017.
- F51,675 options vested on October 31, 2015 and remain exercisable, 1,675 options will vest on October 31, 2016, 1,675 options will vest on October 31, 2017.