SEC Form 4 · accession 0000899243-18-030742
Quotient Ltd · QTNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frederick Hallsworth
Director
Period of report
Mar 24, 2016
Accepted (ET)
Dec 12, 2018 · 6:50 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,F12 | Mar 24, 2016 | S | 22 | $8.59 | D | 55,091 | D | |
| Ordinary SharesF11 | Mar 23, 2017 | S | 26 | $6.65 | D | 55,065 | D | |
| Ordinary SharesF11 | Mar 21, 2018 | S | 28 | $6.21 | D | 55,037 | D | |
| Ordinary Shares | Dec 11, 2018 | P | 10,000 | $6.50 | A | 65,037 | D |
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)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 |
| Ordinary Share Option (Right to Buy)F7 | $5.21 | holding | — | — | — | — | Oct 31, 2027 | Ordinary Shares | 9,597 | 9,597 | D |
| Restricted Stock UnitsF1,F8 | — | holding | — | — | — | — | — | Ordinary Shares | 2,879 | 2,879 | D |
| Restricted Stock UnitsF1,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
- F1Restricted Stock Units convert into ordinary shares on a one-for-one basis.
- F10The options vest and become exercisable in three equal annual installments beginning October 31, 2019.
- F11Relates to an inadvertent sale of ordinary shares, by the reporting person's broker to settle annual brokerage fees, without the reporting person's prior knowledge or direction.
- F12The reporting person's inadvertent sale of 22 ordinary shares on March 24, 2016 at a price of $8.59 per share reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended, with the reporting person's purchase of 5,000 ordinary shares upon exercise of warrants on October 2, 2015 at a price of $8.80 per share. The reporting person realized no profit in connection with this short-swing transaction.
- F2All 7,505 options have vested and remain exercisable.
- 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.
- F65,818 options have vested on October 31, 2018 and remain exercisable, 2,908 options will vest on October 31, 2019.
- 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.