Scott David Raskin - 31 Mar 2023 Form 4 Insider Report for Quotient Technology Inc. (QUOT)

Role
Former President
Signature
/s/ John Platz, Attorney-in-Fact for Scott David Raskin
Issuer symbol
QUOT
Transactions as of
31 Mar 2023
Transactions value $
$0
Form type
4
Filing time
04 Apr 2023, 21:40:48 UTC
Previous filing
03 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QUOT Common Stock Award $0 +99.6K +8.94% $0.00 1.21M 31 Mar 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Scott David Raskin is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents shares to be received upon settlement of the 100% vesting of a performance-based restricted stock unit award granted on March 1, 2021 (the "PSU award"). The PSU award was granted per the terms of the Issuer's Long-Term Incentive Program, and the number of shares disclosed reflects vesting at 100% of the target level on March 31, 2023, the date on which the Reporting Person ceased to be a Section 16 insider of the Issuer, pursuant to the Separation Agreement and Release between the Reporting Person and the Issuer, dated March 31, 2023 (the "Separation Agreement"), a copy of which will be filed as an exhibit to the Issuer's quarterly report on Form 10-Q for the fiscal quarter ending March 31, 2023. Pursuant to the Separation Agreement, upon effectiveness of the ADEA waiver and release on April 8, 2023, the PSU award will be settled in shares.