Quotient Ltd|4Jun 3, 6:08 PM ET

Quotient Ltd 4

4 · Quotient Ltd · Filed Jun 3, 2016

Form 4

Period: 2016-06-01

See Remarks

Transactions

Award
Employee Stock Option (right to buy)
2016-06-01+15,000→ 15,000 total
Exercise: $11.92Exp: 2026-05-31→ Ordinary Shares (15,000 underlying)
Award
Multi-year Performance Based Restricted Stock Units
2016-06-01+15,000→ 15,000 total
Exp: 2018-12-31→ Ordinary Shares (15,000 underlying)

Holdings

Employee Stock Option (right to buy)
Exercise: $15.17Exp: 2025-05-19→ Ordinary Shares (15,000 underlying)
15,000
Ordinary shares
16,000
Multi-year Performance Based Restricted Stock Units
Exp: 2018-12-31→ Ordinary Shares (15,000 underlying)
15,000
Employee Stock Option (right to buy)
Exercise: $8.00Exp: 2024-04-29→ Ordinary Shares (25,000 underlying)
25,000
Options to purchase ordinary shares
Exp: 2023-02-14→ Ordinary Shares (32,000 underlying)
32,000
Options to purchase ordinary shares
Exercise: $3.29Exp: 2023-06-27→ Ordinary Shares (8,000 underlying)
8,000

Footnotes (8)

[F1]The options will vest and become exercisable in three equal annual installments beginning on June 1, 2017.
[F2]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.
[F3]Each 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 $60.00 per share for 20 consecutive trading days during the period April 1, 2018 to December 31, 2018.
[F4]5,000 options vested on 5/20/2016 and remain exercisable, 5,000 will vest on 5/20/2017, 5,000 will vest on 5/20/2018.
[F5]16,666 options have vested and remain exercisable, 8,334 options will vest on 4/29/2017.
[F6]The exercise price will be paid in pounds sterling, at GBP 0.91 per share.
[F7]All 32,000 options have vested and remain exercisable.
[F8]5,334 options have vested and remain exercisable, 2,666 options will vest on 6/28/2016.

Documents

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