SEC Form 4 · accession 0000899243-18-020209
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
Jul 18, 2018
Accepted (ET)
Jul 19, 2018 · 6:16 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 18, 2018 | M | 52,465 | $5.80 | A | 213,263 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantF4 | $5.80 | Jul 18, 2018 | M | 52,465 | D | — | Jul 31, 2018 | Ordinary Shares | 52,465 | 0 | D |
| Ordinary Share Option (Right to Buy)F2 | $6.41 | holding | — | — | — | — | Feb 9, 2017 | Ordinary Shares | 125,000 | 125,000 | D |
| Restricted Stock UnitsF1,F3 | — | holding | — | — | — | — | — | Ordinary Shares | 116,667 | 116,667 | D |
| Restricted Stock UnitsF1,F5 | — | holding | — | — | — | — | — | Ordinary Shares | 30,812 | 30,812 | D |
Explanation of responses
- F1Restricted Stock Units convert into ordinary shares.
- 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, of which 58,333 have vested and have been exercised. The remaining 116,667 Restricted Stock Units will vest in two equal installments on February 9, 2019 and February 9, 2020.
- F4The warrants are immediately exercisable.
- F5On May 24, 2018, the Reporting Person was granted 30,812 Restricted Stock Units, vesting in three equal annual installments beginning May 24, 2019.