SEC Form 4 · accession 0000899243-15-007518
Quotient Ltd · QTNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas A Bologna
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 | — | — | — | 136,983 | 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)F3 | $11.62 | Oct 31, 2015 | A | 4,303 | A | — | Oct 31, 2025 | Ordinary Shares | 4,303 | 4,303 | D |
| Restricted Stock UnitsF4,F5 | — | Oct 31, 2015 | A | 2,582 | A | — | — | Ordinary Shares | 2,582 | 2,582 | D |
| Ordinary Share Option (right to buy)F1 | $8.00 | holding | — | — | — | — | Apr 29, 2024 | Ordinary Shares | 3,500 | 3,500 | D |
| Ordinary Share Option (right to buy)F2 | $9.95 | holding | — | — | — | — | Oct 31, 2024 | Ordinary Shares | 5,025 | 5,025 | D |
Explanation of responses
- F1The option becomes exercisable in three equal annual installments beginning April 29, 2015.
- F21,675 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.
- F3The options vest and become exercisable in three equal annual installments beginning October 31, 2016.
- F4Restricted Stock Units convert into ordinary shares on a one-for-one basis.
- F5On 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.