SEC Form 4 · accession 0000899243-18-019808
Quotient Ltd · QTNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frederick Hallsworth
Director
Period of report
Jul 11, 2018
Accepted (ET)
Jul 12, 2018 · 4:15 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 Shares | Jul 11, 2018 | M | 5,247 | $5.80 | A | 49,616 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantF8 | $5.80 | Jul 11, 2018 | M | 5,247 | D | — | Jul 31, 2018 | Ordinary Shares | 5,247 | 0 | 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 UnitsF1,F7 | — | holding | — | — | — | — | — | Ordinary Shares | 2,618 | 2,618 | D |
| Ordinary Share Option (Right to Buy)F9 | $5.21 | holding | — | — | — | — | Oct 31, 2027 | Ordinary Shares | 9,597 | 9,597 | D |
| Restricted Stock UnitsF1,F10 | — | holding | — | — | — | — | — | Ordinary Shares | 5,758 | 5,758 | D |
Explanation of responses
- F1Restricted Stock Units covert into ordinary shares on a one-for-one basis.
- F10On October 31, 2017, the Reporting Person was granted 5,758 restricted stock units, vesting in two equal installments on October 31, 2018 and October 31, 2019.
- F25,004 options have vested and remain exercisable, 2,501 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.
- F5All 5,025 options have vested and remain exercisable.
- F62,909 options vested on October 31, 2017 and remain exercisable, 2,909 options will vest on October 31, 2018, 2,908 options will vest on October 31, 2019.
- F7On October 31, 2016, the Reporting Person was granted 5,236 restricted stock units, of which 2,618 have vested and have been exercised. The remaining 2,618 restricted stock units will vest on October 31, 2018.
- F8The warrants are immediately exercisable.
- F9The options vest and become exercisable in three equal annual installments beginning October 31, 2018.