SEC Form 4 · accession 0000899243-15-007520
Quotient Ltd · QTNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian McDonough
Director
Period of report
Oct 31, 2015
Accepted (ET)
Nov 3, 2015 · 7:39 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 | — | — | — | 22,054 | 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)F4 | $11.62 | Oct 31, 2015 | A | 4,303 | A | — | Oct 31, 2025 | Ordinary Shares | 4,303 | 4,303 | D |
| Restricted Stock UnitsF5,F6 | — | 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 | 10,000 | 10,000 | D |
| Options to purchase ordinary sharesF2 | — | holding | — | — | — | Nov 14, 2014 | Aug 30, 2022 | Ordinary Shares | 40,029 | 40,029 | D |
| Ordinary Share Option (Right to Buy)F3 | $9.95 | holding | — | — | — | — | Oct 31, 2024 | Ordinary Shares | 5,025 | 5,025 | D |
Explanation of responses
- F13,333 options vested on April 29, 2015 and remain exercisable, 3,333 will vest on April 29, 2016, 3,334 will vest on April 29, 2017.
- F2The exercise price will be paid in pounds sterling, at GBP 0.91 per share.
- F31,675 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.
- F4The options vest and become exercisable in three equal annual installments beginning October 31, 2016.
- F5The Restricted Stock Units convert into ordinary shares on a one-for-one basis.
- F6On 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.