Quotient Ltd 4

4 · Quotient Ltd · Filed Jun 3, 2016

Form 4

Period: 2016-06-01

DirectorSee Remarks10% Owner

Transactions

Award
Multi-year Performance Based Restricted Stock Units
2016-06-01+42,000→ 42,000 total
Exp: 2018-12-31→ Ordinary Shares (42,000 underlying)
Award
Employee Stock Option (right to buy)
2016-06-01+35,000→ 35,000 total
Exercise: $11.92Exp: 2026-05-31→ Ordinary Shares (35,000 underlying)

Holdings

Ordinary Shares
26,666
Multi-year Performance Based Restricted Stock Units
Exp: 2018-12-31→ Ordinary Shares (42,000 underlying)
42,000
Employee Stock Option (right to buy)
Exercise: $15.17Exp: 2025-05-19→ Ordinary Shares (35,000 underlying)
35,000
Ordinary Shares
(indirect: By Spouse)
3,513,054
Option to purchase ordinary shares
Exercise: $3.29Exp: 2024-06-27→ Ordinary Shares (123,431 underlying)
123,431
Employee Stock Option (right to buy)
Exercise: $8.00Exp: 2024-04-29→ Ordinary Shares (90,000 underlying)
90,000

Footnotes (7)

[F1]Deidre Cowan, Mr. Cowan's spouse, exercises sole voting and dispositive power over the shares.
[F2]The options will vest and become exercisable in three equal annual installments beginning on June 1, 2017.
[F3]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 $40.00 per share for 20 consecutive trading days during the period April 1, 2018 to December 31, 2018.
[F4]Each MRSU represents a contingent right to receive one share of Quotient ordinary shares. The MRSUs vest upon Quotient's ordinary shares achieving a volume weighted average market price of $60.00 per share for 20 consecutive trading days during the period April 1, 2018 to December 31, 2018.
[F5]11,667 options vested on 5/20/2016 and remain exercisable, 11,667 options will vest on 5/20/2017, 11,666 options will vest on 5/20/2018.
[F6]63,958 options have vested and remain exercisable, 59,473 options will vest on 6/28/2016.
[F7]60,000 options have vested and remain exercisable, 30,000 options will vest on 4/29/2017.

Documents

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