Filing Details

Accession Number:
0000899243-22-024430
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-06-28 17:51:38
Reporting Period:
2022-06-24
Accepted Time:
2022-06-28 17:51:38
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1596946 Quotient Ltd QTNT () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1475995 O. Manuel Mendez C/O Quotient Limited, Business Park
Terre Bonne, Route De Crassier 13
Eysins V8 1262
Chief Executive Officer Yes 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 2022-06-24 66,666 $0.30 483,333 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Ordinary Shares Restricted Stock Units $0.00 416,667 471,014 Direct
Ordinary Shares Ordinary Share Option (Right to Buy) $3.68 2031-04-01 718,788 718,788 Direct
Ordinary Shares Restricted Stock Units $0.00 500,000 500,000 Direct
Ordinary Shares Ordinary Share Option (Right to Buy) $1.20 2032-04-01 504,882 504,882 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
416,667 471,014 Direct
2031-04-01 718,788 718,788 Direct
500,000 500,000 Direct
2032-04-01 504,882 504,882 Direct
Footnotes
  1. Restricted Stock Units convert into ordinary shares on a one-for-one basis.
  2. 416,667 restricted stock units have vested and converted into ordinary shares. The remaining 471,014 restricted stock units will vest in two equal installments on April 1, 2023 and April 1, 2024.
  3. 239,595 options vested on April 1, 2022 and remain exercisable, and the remaining 479,193 options will vest in two equal installments on April 1, 2023 and April 1, 2024.
  4. On April 1, 2022, the Reporting Person was granted 500,000 restricted stock units, vesting in three equal annual installments beginning April 1, 2023. Upon vesting, the restricted stock units will either convert into ordinary shares on a one-for-one basis or will be settled in cash on the vesting date in an amount equal to the fair market value of an ordinary share on such date, as determined by the Company.
  5. The options vest and become exercisable in three equal annual installments beginning April 1, 2023.