Filing Details

Accession Number:
0000899243-19-022201
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-08-21 16:05:33
Reporting Period:
2019-08-19
Accepted Time:
2019-08-21 16:05:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1596946 Quotient Ltd QTNT In Vitro & In Vivo Diagnostic Substances (2835) 264719797
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1604830 Roland Boyd C/O Quotient Limited
28 Esplanade
St Helier Y9 JE2 3QA
See Remarks No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Ordinary Shares Acquisiton 2019-08-19 32,000 $0.00 62,508 No 4 M Direct
Ordinary Shares Acquisiton 2019-08-19 8,000 $3.29 70,508 No 4 M Direct
Ordinary Shares Acquisiton 2019-08-19 21,100 $8.00 91,608 No 4 M Direct
Ordinary Shares Disposition 2019-08-19 21,100 $10.95 70,508 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Ordinary Shares Employee Stock Option (right to buy) Disposition 2019-08-19 21,100 $0.00 21,100 $8.00
Ordinary Shares Options to purchase ordinary shares Disposition 2019-08-19 32,000 $0.00 32,000 $0.00
Ordinary Shares Options to purchase ordinary shares Disposition 2019-08-19 8,000 $0.00 8,000 $3.29
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,900 2024-04-29 No 4 M Direct
0 2023-02-14 No 4 M Direct
0 2023-06-27 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Ordinary Shares Employee Stock Option (right to buy) $11.92 2026-05-31 15,000 15,000 Direct
Ordinary Shares Employee Stock Option (right to buy) $15.17 2025-05-19 15,000 15,000 Direct
Ordinary Shares Employee Stock Option (right to buy) $7.58 2027-05-23 13,000 13,000 Direct
Ordinary Shares Multi-year Performance Based Restricted Stock Unit $0.00 2019-12-31 6,000 6,000 Direct
Ordinary Shares Restricted Stock Units $0.00 6,667 6,667 Direct
Ordinary Shares Restricted Stock Units $0.00 20,000 20,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2026-05-31 15,000 15,000 Direct
2025-05-19 15,000 15,000 Direct
2027-05-23 13,000 13,000 Direct
2019-12-31 6,000 6,000 Direct
6,667 6,667 Direct
20,000 20,000 Direct
Footnotes
  1. 10,000 options have vested and remain exercisable and 5,000 options will vest on June 1, 2019.
  2. All 15,000 options have vested and remain exercisable.
  3. All 25,000 options have vested and remain exercisable.
  4. The exercise price will be paid in pounds sterling, at GBP 0.91 per share.
  5. All 32,000 options have vested and remain exercisable.
  6. All 8,000 options have vested and remain exercisable.
  7. 8,666 options have vested and remain exercisable. 4,334 options will vest on May 24, 2020.
  8. Each Multi-year Performance Based Restricted Stock Unit ("MRSU") represents a contingent right to receive one share of Quotient's ordinary shares. The MRSUs vest upon Quotient's ordinary shares achieving a volume weighted average market price of $22.00 per share for 20 consecutive trading days during the period April 1, 2019 to December 31, 2019.
  9. Restricted Stock Units convert into ordinary shares on a one-for-one basis.
  10. On May 24, 2018, the Reporting Person was granted 10,000 Restricted Stock Units, of which 3,333 have vested and have been exercised. The remaining 6,667 Restricted Stock Units will vest in two equal installments on May 24, 2020 and May 24, 2021.
  11. On May 24, 2019, the Reporting Person was granted 20,000 Restricted Stock Units, vesting in three equal annual installments beginning May 24, 2020.