4//SEC Filing
Quotient Ltd 4
Accession 0000899243-17-014604
CIK 0001596946operating
Filed
May 25, 8:00 PM ET
Accepted
May 26, 5:40 PM ET
Size
18.0 KB
Accession
0000899243-17-014604
Insider Transaction Report
Form 4
Quotient LtdQTNT
COWAN D J PAUL E
DirectorSee Remarks10% Owner
Transactions
- Award
Employee Stock Option (right to buy)
2017-05-24+50,000→ 50,000 totalExercise: $7.58Exp: 2027-05-23→ Ordinary Shares (50,000 underlying) - Award
Multi-year Performance Based Restricted Stock Unit
2017-05-24+60,000→ 60,000 totalExp: 2019-12-31→ Ordinary Shares (60,000 underlying)
Holdings
- 26,666
Ordinary Shares
- 123,431
Option to purchase ordinary shares
Exercise: $3.29Exp: 2024-06-27→ Ordinary Shares (123,431 underlying) - 3,558,509(indirect: By Spouse)
Ordinary Shares
- 90,000
Employee Stock Option (right to buy)
Exercise: $8.00Exp: 2024-04-29→ Ordinary Shares (90,000 underlying) - 42,000
Multi-year Performance Based Restricted Stock Units
Exp: 2018-12-31→ Ordinary Shares (42,000 underlying) - 35,000
Employee Stock Option (right to buy)
Exercise: $11.92Exp: 2026-05-31→ Ordinary Shares (35,000 underlying)
Footnotes (9)
- [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]23,334 options have vested and remain exercisable, 11,666 options will vest on 5/20/2018.
- [F6]All 123,431 options have vested and remain exercisable.
- [F7]All 90,000 options have vested and remain exercisable.
- [F8]The options will vest and become exercisable in three equal annual installments beginning on May 24, 2018.
- [F9]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 $22.00 per share for 20 consecutive trading days during the period April 1, 2019 to December 31, 2019.
Documents
Issuer
Quotient Ltd
CIK 0001596946
Entity typeoperating
IncorporatedJersey
Related Parties
1- filerCIK 0001596946
Filing Metadata
- Form type
- 4
- Filed
- May 25, 8:00 PM ET
- Accepted
- May 26, 5:40 PM ET
- Size
- 18.0 KB