SEC Form 4 · accession 0000899243-16-028654
Quotient Ltd · QTNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Heino von Prondzynski
Director
Period of report
Sep 4, 2016
Accepted (ET)
Sep 7, 2016 · 8:26 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 SharesF1 | Sep 4, 2016 | M | 12,500 | — | A | 25,000 | D | |
| Ordinary SharesF1 | Sep 4, 2016 | M | 4,934 | — | A | 29,934 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Sep 4, 2016 | M | 12,500 | D | — | — | Ordinary Shares | 12,500 | 25,000 | D |
| Restricted Stock UnitsF1,F3 | — | Sep 4, 2016 | M | 4,934 | D | — | — | Ordinary Shares | 4,934 | 4,933 | D |
| Restricted Stock UnitsF1,F6 | — | Sep 4, 2016 | A | 15,226 | A | — | — | Ordinary Shares | 15,226 | 15,226 | D |
| Ordinary Share Option (Right to Buy)F4 | $11.62 | holding | — | — | — | — | Oct 31, 2025 | Ordinary Shares | 4,303 | 4,303 | D |
| Restricted Stock UnitsF1,F5 | — | holding | — | — | — | — | — | Ordinary Shares | 2,582 | 2,582 | D |
Explanation of responses
- F1Resticted Stock Units convert into ordinary shares on a one-for-one basis.
- F2On September 15, 2014, the reporting person was granted 50,000 restricted stock units, of which 25,000 restricted stock units have vested and been exercised. The remaining 25,000 restricted stock units will vest in two equal annual installments beginning on September 4, 2017.
- F3On September 4, 2015, the reporting person was granted 9,867 restricted stock units. In each of the Form 4 filed September 9, 2015 and the Form 4 filed November 3, 2015, the reporting person reported this award as vesting in full on September 4, 2017. On November 18, 2015, the award was amended to vest in equal parts on September 4, 2016 and September 4, 2017.
- F4The options vest and become exercisable in three equal annual installments beginning October 31, 2016.
- F5On October 31, 2015, the reporting person was granted 2,582 restricted stock units, vesting in two equal installments on the first and second anniversary of the grant.
- F6On September 4, 2016, the reporting person was granted 15,226 restricted stock units, vesting in two equal installments on September 4, 2017 and September 4, 2018.