SEC Form 4 · accession 0001209191-15-024837
Quotient Ltd · QTNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
D J Paul E Cowan
Officer — See Remarks · Director · 10% Owner
Period of report
Mar 6, 2015
Accepted (ET)
Mar 10, 2015 · 6:27 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 Shares | Mar 6, 2015 | M | 20,014 | $1.44 | A | 46,680 | D | |
| Ordinary Shares | Mar 6, 2015 | M | 54,986 | $3.29 | A | 101,666 | D | |
| Ordinary Shares | Mar 6, 2015 | S | 75,000 | $16.80 | D | 26,666 | D | |
| Ordinary SharesF1 | holding | — | — | — | 3,513,054 | I | By spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to purchase ordinary shares | $1.44 | Mar 6, 2015 | M | 20,014 | D | Nov 14, 2014 | Aug 30, 2024 | Ordinary Shares | 20,014 | 0 | D |
| Option to purchase ordinary sharesF2 | $3.29 | Mar 6, 2015 | M | 54,986 | D | — | Jun 27, 2024 | Ordinary Shares | 54,986 | 123,431 | D |
| Employee Stock Option (right to buy)F3 | $8.00 | holding | — | — | — | — | Apr 29, 2024 | Ordinary Shares | 90,000 | 90,000 | D |
Explanation of responses
- F1Deidre Cowan, Mr. Cowan's spouse, exercises sole voting and dispositive power over the shares.
- F2Subsequent to the transactions reported herein, 4,756 options vested on 6/28/14 and remain exercisable, 59,472 options will vest on 6/28/15, 59,473 options will vest on 6/28/16.
- F3The option becomes exercisable in three equal annual installments beginning April 29, 2015.
Remarks
Chief Executive Officer and Chairman of the Board of Directors