SEC Form 4 · accession 0000899243-17-024901
Quotient Ltd · QTNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher J Lindop
Officer — Chief Financial Officer
Period of report
Oct 26, 2017
Accepted (ET)
Oct 30, 2017 · 6:31 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 | Oct 26, 2017 | A | 52,465 | $4.64 | A | 102,465 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantF1 | $5.80 | Oct 26, 2017 | A | 52,465 | A | Oct 26, 2017 | Jul 31, 2018 | Ordinary Shares | 52,465 | 52,465 | D |
| Ordinary Share Option (Right to Buy)F2 | $6.41 | holding | — | — | — | — | Feb 9, 2017 | Ordinary Shares | 125,000 | 125,000 | D |
| Restricted Stock UnitsF3,F4 | — | holding | — | — | — | — | — | Ordinary Shares | 175,000 | 175,000 | D |
Explanation of responses
- F1The Reporting Person purchased 52,465 ordinary shares and a warrant to purchase 52,465 ordinary shares from Quotient in a private placement transaction.
- F2The options vest and become exercisable in three equal annual installments beginning February 9, 2018.
- F3Restricted Stock Units convert into ordinary shares on a one-for-one basis.
- F4The Restricted Stock Units vest and become exercisable in three equal annual installments beginning February 9, 2018.