SEC Form 4 · accession 0000899243-17-024907
Quotient Ltd · QTNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas A Bologna
Director
Period of report
Oct 26, 2017
Accepted (ET)
Oct 30, 2017 · 6:35 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 | 2,099 | $4.64 | A | 140,373 | 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 | 2,099 | A | Oct 26, 2017 | Jul 31, 2018 | Ordinary Shares | 2,099 | 2,099 | D |
| Ordinary Share Option (Right to Buy)F2 | $8.00 | holding | — | — | — | — | Apr 29, 2024 | Ordinary Shares | 3,500 | 3,500 | D |
| Ordinary Share Option (Right to Buy)F3 | $9.95 | holding | — | — | — | — | Oct 31, 2024 | Ordinary Shares | 5,025 | 5,025 | D |
| Ordinary Share Option (Right to Buy)F4 | $11.62 | holding | — | — | — | — | Oct 31, 2025 | Ordinary Shares | 4,303 | 4,303 | D |
| Restricted Stock UnitsF5,F6 | — | holding | — | — | — | — | — | Ordinary Shares | 1,291 | 1,291 | D |
| Ordinary Share Option (Right to Buy)F7 | $5.73 | holding | — | — | — | — | Oct 31, 2026 | Ordinary Shares | 8,726 | 8,726 | D |
| Restricted Stock UnitsF5,F8 | — | holding | — | — | — | — | — | Ordinary Shares | 5,236 | 5,236 | D |
Explanation of responses
- F1The Reporting Person purchased 2,099 ordinary shares and a warrant to purchase 2,099 ordinary shares from Quotient in a private placement transaction.
- F2All 3,500 options have vested and remain exercisable.
- F33,350 options have vested and remain exercisable, 1,675 options will vest on October 31, 2017.
- 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.
- F5Restricted 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, 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.
- 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.