SEC Form 4 · accession 0000899243-18-026036
Quotient Ltd · QTNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Franz Walt
Officer — Chief Executive Officer · Director
Period of report
Oct 1, 2018
Accepted (ET)
Oct 3, 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 SharesF1 | Oct 1, 2018 | M | 9,555 | — | A | 102,325 | 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 | — | Oct 1, 2018 | M | 9,555 | D | — | — | Ordinary Shares | 9,555 | 0 | D |
| Ordinary Share Option (Right to Buy)F2 | $4.41 | holding | — | — | — | — | Feb 19, 2028 | Ordinary Shares | 22,676 | 22,676 | D |
| Ordinary Share Option (Right to Buy)F4 | $4.71 | holding | — | — | — | — | Apr 1, 2028 | Ordinary Shares | 30,000 | 30,000 | D |
Explanation of responses
- F1Restricted Stock Units convert into ordinary shares on a one-for-one basis.
- F2The options vest and become exercisable in three equal installments beginning February 19, 2019.
- F3On April 1, 2018, the reporting person was granted 57,325 restricted stock units, all of which have vested and have been exercised.
- F4The options vest and become exercisable in three equal annual installments beginning April 1, 2019.