SEC Form 4 · accession 0000899243-18-003709
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
Feb 9, 2018
Accepted (ET)
Feb 13, 2018 · 6:18 pm EST
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 | Feb 9, 2018 | M | 58,333 | — | A | 160,798 | 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,F3 | — | Feb 9, 2018 | M | 58,333 | D | — | — | Ordinary Shares | 58,333 | 116,667 | D |
| Ordinary Share Option (Right to Buy)F2 | $6.41 | holding | — | — | — | — | Feb 9, 2017 | Ordinary Shares | 125,000 | 125,000 | D |
| WarrantF4 | $5.80 | holding | — | — | — | Oct 26, 2017 | Jul 31, 2018 | Ordinary Shares | 52,465 | 52,465 | D |
Explanation of responses
- F1Restricted Stock Units convert into ordinary shares on a one-for-one basis.
- F241,667 options have vested and remain exercisable, 41,667 options will vest on February 9, 2019, 41,666 options will vest on February 9, 2020.
- F3On February 9, 2017, the Reporting Person was granted 175,000 Restricted Stock Units, vesting in three equal annual installments beginning February 9, 2018.
- F4The Reporting Person purchased 52,465 ordinary shares and a warrant to purchase 52,465 ordinary shares from Quotient in a private placement transaction.