SEC Form 4 · accession 0000899243-18-029942
Quotient Ltd · QTNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian McDonough
Director
Period of report
Nov 27, 2018
Accepted (ET)
Dec 3, 2018 · 4:15 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 SharesF11 | Nov 27, 2018 | G | 53,040 | $0.00 | D | 10,697 | D | |
| Ordinary SharesF11 | Nov 27, 2018 | G | 53,040 | $0.00 | A | 53,040 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Ordinary Share Option (Right to Buy)F1 | $8.00 | holding | — | — | — | — | Apr 29, 2024 | Ordinary Shares | 10,000 | 10,000 | D |
| Options to purchase ordinary sharesF2 | — | holding | — | — | — | Nov 14, 2022 | Aug 30, 2022 | Ordinary Shares | 40,029 | 40,029 | 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 |
| Ordinary Share Option (Right to Buy)F5 | $5.73 | holding | — | — | — | — | Oct 31, 2026 | Ordinary Shares | 8,726 | 8,726 | D |
| Ordinary Share Option (Right to Buy)F7 | $5.21 | holding | — | — | — | — | Oct 31, 2027 | Ordinary Shares | 9,597 | 9,597 | D |
| Restricted Stock UnitsF6,F8 | — | holding | — | — | — | — | — | Ordinary Shares | 2,879 | 2,879 | D |
| Restricted Stock UnitsF6,F9 | — | holding | — | — | — | — | — | Ordinary Shares | 18,721 | 18,721 | D |
| Ordinary Share Option (Right to Buy)F10 | $6.41 | holding | — | — | — | — | Oct 31, 2028 | Ordinary Shares | 6,240 | 6,240 | D |
Explanation of responses
- F1All 10,000 options have vested and remain exercisable.
- F10The options vest and become exercisable in three equal annual installments beginning October 31, 2019.
- F11On November 27, 2018, the reporting person transferred 53,040 ordinary shares to the Brian P. McDonough and Beth Anna McGuire, Co-Trustees of their successors in trust, of the McDonough-McGuire Joint Revocable Trust, dated May 14, 2013.
- F2The exercise price will be paid in pounds sterling, at GBP 0.91 per share.
- F3All 5,025 options have vested and remain exercisable.
- F4All 4,303 options have vested and remain exercisable.
- F55,818 options have vested on October 31, 2018 and remain exercisable, 2,908 options will vest on October 31, 2019.
- F6Restricted Stock Units convert into ordinary shares on a one-for-one basis.
- F73,199 options vested on October 31, 2018 and remain exercisable, 3,199 options will vest on October 31, 2019 and 3,199 options will vest on October 31, 2020.
- F8On October 31, 2017, the Reporting Person was granted 5,758 restricted stock units, of which 2,879 have vested and have been exercised. The remaining 2,879 restricted stock units will vest on October 31, 2019.
- F9On October 31, 2018, the Reporting Person was granted 18,721 restricted stock units, vesting in four equal installments on January 31, 2019, April 30, 2019, July 30, 2019 and October 31, 2019.