Jeremy Stackawitz - 24 May 2021 Form 4 Insider Report for Quotient Ltd

Role
Chief Commercial Officer
Signature
/s/ Jeremy Stackawitz
Issuer symbol
N/A
Transactions as of
24 May 2021
Net transactions value
-$49,818
Form type
4
Filing time
25 May 2021, 16:05:21 UTC
Next filing
11 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QTNT Ordinary Shares Options Exercise +36,988 +33% 149,914 24 May 2021 Direct F5
transaction QTNT Ordinary Shares Tax liability $49,818 -11,195 -7.5% $4.45* 138,719 24 May 2021 Direct F10

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction QTNT Restricted Stock Units Options Exercise $0 -10,321 -100% $0.000000* 0 24 May 2021 Ordinary Shares 10,321 Direct F5, F6
transaction QTNT Restricted Stock Units Options Exercise $0 -11,667 -50% $0.000000 11,666 24 May 2021 Ordinary Shares 11,667 Direct F5, F7
transaction QTNT Restricted Stock Units Options Exercise $0 -15,000 -33% $0.000000 30,000 24 May 2021 Ordinary Shares 15,000 Direct F5, F8
holding QTNT Employee Stock Option (right to buy) 20,000 24 May 2021 Ordinary Shares 20,000 $11.92 Direct F1
holding QTNT Employee Stock Option (right to buy) 22,500 24 May 2021 Ordinary Shares 22,500 $15.17 Direct F2
holding QTNT Employee Stock Option (right to buy) 60,000 24 May 2021 Ordinary Shares 60,000 $8.00 Direct F3
holding QTNT Employee Stock Option (right to buy) 40,000 24 May 2021 Ordinary Shares 40,000 $7.58 Direct F4
holding QTNT Ordinary Share Option (Right to Buy) 30,000 24 May 2021 Ordinary Shares 30,000 $4.72 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All 20,000 options have vested and remain exercisable.
F2 All 22,500 options have vested and remain exercisable.
F3 All 60,000 options have vested and remain exercisable.
F4 All 40,000 options have vested and remain exercisable.
F5 Restricted Stock Units convert into ordinary shares on a one-for-one basis.
F6 On May 24, 2018, the Reporting Person was granted 30,961 Restricted Stock Units, all of which have vested and have been exercised.
F7 On May 24, 2019, the Reporting Person was granted 35,000 Restricted Stock Units, of which 23,334 have vested and have been exercised. The remaining 11,666 will vest on May 24, 2022.
F8 On May 24, 2020, the Reporting Person was granted 45,000 Restricted Stock Units, of which 15,000 have vested and have been exercised. The remaining 30,000 Restricted Stock Units will vest in two equal installments on May 24, 2022 and May 24, 2023.
F9 The option vests and becomes exercisable in three equal annual installments beginning October 31, 2021.
F10 Represents shares withheld to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of restricted stock units.