SEC Form 4 · accession 0000899243-17-024905
Quotient Ltd · QTNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frederick Hallsworth
Director
Period of report
Oct 26, 2017
Accepted (ET)
Oct 30, 2017 · 6:32 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 | 5,247 | $4.64 | A | 41,751 | 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 | 5,247 | A | Oct 26, 2017 | Jul 31, 2018 | Ordinary Shares | 5,247 | 5,247 | D |
| Ordinary Share Option (Right to Buy)F2 | $11.62 | holding | — | — | — | — | Oct 31, 2025 | Ordinary Shares | 7,505 | 7,505 | D |
| Ordinary Share Option (Right to Buy)F3 | $8.00 | holding | — | — | — | — | Apr 29, 2024 | Ordinary Shares | 5,000 | 5,000 | D |
| Option to Purchase Ordinary SharesF4 | — | holding | — | — | — | Feb 13, 2014 | Aug 30, 2022 | Ordinary Shares | 20,014 | 20,014 | D |
| Ordinary Share Option (Right to Buy)F5 | $9.95 | holding | — | — | — | — | Oct 31, 2024 | Ordinary Shares | 5,025 | 5,025 | D |
| Ordinary Share Option (Right to Buy)F6 | $5.73 | holding | — | — | — | — | Oct 31, 2026 | Ordinary Shares | 8,726 | 8,726 | D |
| Restricted Stock UnitsF7,F8 | — | holding | — | — | — | — | — | Ordinary Shares | 5,236 | 5,236 | D |
Explanation of responses
- F1The Reporting Person purchased 5,247 ordinary shares and a warrant to purchase 5,247 ordinary shares from Quotient in a private placement transaction.
- F22,502 options vested on October 31, 2016 and remain exercisable, 2,502 options will vest on October 31, 2017, 2,501 options will vest on October 31, 2018.
- F3All 5,000 options have vested and remain exercisable.
- F4The exercise price will be paid in pounds sterling, at GBP0.91 per share.
- F53,350 options have vested and remain exercisable, 1,675 options will vest on October 31, 2017.
- F6The options vest and become exercisable in three equal annual installments beginning October 31, 2017.
- F7Restricted Stock Units convert into ordinary shares on a one-for-one basis.
- 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.