SEC Form 4 · accession 0000899243-19-002445
Quotient Ltd · QTNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian McDonough
Director
Period of report
Jan 31, 2019
Accepted (ET)
Feb 4, 2019 · 4:08 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 SharesF6 | Jan 31, 2019 | M | 4,680 | — | A | 15,377 | D | |
| Ordinary SharesF11 | holding | — | — | — | 53,040 | I | By the McDonough-McGuire Joint Revocable Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF6,F9 | — | Jan 31, 2019 | M | 4,680 | D | — | — | Ordinary Shares | 4,680 | 14,041 | D |
| 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 |
| 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.
- F11The Reporting Person and his spouse are Co-Trustees of their successors in trust, of the McDonough-McGuire Joint Revocable Trust, dated May 14, 2013. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these ordinary shares in this report shall not be deemed an admission of beneficial ownership of all of the reported ordinary shares for purposes of Section 16 or for any other purpose.
- 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, of which 4,680 have vested and have been exercised. The remaining 14,041 restricted stock units will vest in three equal installments on April 30, 2019, July 30, 2019 and October 31, 2019.