SEC Form 4 · accession 0000899243-17-024902
Quotient Ltd · QTNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Heino von Prondzynski
Director
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 | 1,049 | $4.64 | A | 57,320 | 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 | 1,049 | A | Oct 26, 2017 | Jul 31, 2018 | Ordinary Shares | 1,049 | 1,049 | D |
| Restricted Stock UnitsF2,F3 | — | holding | — | — | — | — | — | Ordinary Shares | 12,500 | 12,500 | D |
| Ordinary Share Option (Right to Buy)F4 | $11.62 | holding | — | — | — | — | Oct 31, 2025 | Ordinary Shares | 4,303 | 4,303 | D |
| Restricted Stock UnitsF2,F5 | — | holding | — | — | — | — | — | Ordinary Shares | 1,291 | 1,291 | D |
| Restricted Stock UnitsF2,F6 | — | holding | — | — | — | — | — | Ordinary Shares | 7,613 | 7,613 | D |
| Ordinary Share Option (Right to Buy)F7 | $5.73 | holding | — | — | — | — | Oct 31, 2026 | Ordinary Shares | 8,726 | 8,726 | D |
| Restricted Stock UnitsF2,F8 | — | holding | — | — | — | — | — | Ordinary Shares | 5,236 | 5,236 | D |
| Restricted Stock UnitsF2,F9 | — | holding | — | — | — | — | — | Ordinary Shares | 25,268 | 25,268 | D |
Explanation of responses
- F1The Reporting Person purchased 1,049 ordinary shares and a warrant to purchase 1,049 ordinary shares from Quotient in a private placement transaction.
- F2Restricted Stock Units convert into ordinary shares on a one-for-one basis.
- F3On September 15, 2014, the reporting person was granted 50,000 restricted stock units, of which 37,500 restricted stock units have vested and been exercised. The remaining 12,500 restricted stock units will vest on September 4, 2018.
- F41,434 options vested on October 31, 2016 and remain exercisable, 1,434 options will vest on October 31, 2017, 1,435 options will vest on October 31, 2018.
- F5On October 31, 2015, the reporting person was granted 2,582 restricted stock units, of which 1,291 restricted stock units have vested and been exercised. The remaining 1,291 restricted stock units will vest on October 31, 2017.
- F6On September 4, 2016, the reporting person was granted 15,226 restricted stock units, of which 7,613 restricted stock units have vested and been exercised. The remaining 7,613 restricted stock units will vest on September 4, 2018.
- F7The options vest and become exercisable in three equal annual installments beginning October 31, 2017.
- F8On October 31, 2016, the reporting person was granted 5,236 restricted stock units, vesting in two equal installments on October 31, 2017 and October 31, 2018.
- F9On September 4, 2017, the reporting person was granted 25,268 restricted stock units, vesting in two equal installments on September 4, 2018 and September 4, 2019.