SEC Form 4 · accession 0000899243-19-003335
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
Dec 12, 2018
Accepted (ET)
Feb 12, 2019 · 6:03 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 SharesF1 | Feb 9, 2019 | M | 58,333 | — | A | 271,596 | 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 | — | Feb 9, 2019 | M | 58,333 | D | — | — | Ordinary Shares | 58,333 | 58,334 | D |
| Restricted Stock UnitsF1,F5 | — | Dec 12, 2018 | A | 11,175 | A | — | — | Ordinary Shares | 11,175 | 11,175 | D |
| Ordinary Share Option (Right to Buy)F2 | $6.41 | holding | — | — | — | — | Feb 9, 2017 | Ordinary Shares | 125,000 | 125,000 | D |
| Restricted Stock UnitsF1,F4 | — | holding | — | — | — | — | — | Ordinary Shares | 30,812 | 30,812 | D |
Explanation of responses
- F1Restricted Stock Units convert into ordinary shares on a one-for-one basis.
- F283,334 options have vested and remain exercisable, 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 116,666 have vested and have been exercised. The remaining 58,334 Restricted Stock Units will vest on February 9, 2020.
- F4On May 24, 2018, the Reporting Person was granted 30,812 Restricted Stock Units, vesting in three equal annual installments beginning May 24, 2019.
- F5On May 23, 2018, the Reporting Person was granted 11,175 restricted stock units that would vest on May 24, 2019 if certain business milestones were achieved on or before December 31, 2018. The business milestones were reached on December 12, 2018, and accordingly the restricted stock units will vest on May 24, 2019.