4//SEC Filing
Boyd Roland 4
Accession 0000899243-18-014711
CIK 0001596946other
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 5:33 PM ET
Size
19.0 KB
Accession
0000899243-18-014711
Insider Transaction Report
Form 4
Quotient LtdQTNT
Boyd Roland
See Remarks
Transactions
- Award
Restricted Stock Units
2018-05-24+10,000→ 10,000 total→ Ordinary Shares (10,000 underlying)
Holdings
- 15,000
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: $15.17Exp: 2025-05-19→ Ordinary Shares (15,000 underlying) - 32,000
Options to purchase ordinary shares
Exp: 2023-02-14→ Ordinary Shares (32,000 underlying) - 8,000
Options to purchase ordinary shares
Exercise: $3.29Exp: 2023-06-27→ Ordinary Shares (8,000 underlying) - 13,000
Employee Stock Option (right to buy)
Exercise: $7.58Exp: 2027-05-23→ Ordinary Shares (13,000 underlying) - 16,000
Ordinary shares
- 15,000
Multi-year Performance Based Restricted Stock Units
Exp: 2018-12-31→ Ordinary Shares (15,000 underlying) - 25,000
Employee Stock Option (right to buy)
Exercise: $8.00Exp: 2024-04-29→ Ordinary Shares (25,000 underlying) - 6,000
Multi-year Performance Based Restricted Stock Unit
Exp: 2019-12-31→ Ordinary Shares (6,000 underlying) - 15,000
Employee Stock Option (right to buy)
Exercise: $11.92Exp: 2026-05-31→ Ordinary Shares (15,000 underlying)
Footnotes (12)
- [F1]10,000 options have vested and remain exercisable and 5,000 options will vest on June 1, 2019.
- [F10]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.
- [F11]Restricted Stock Units convert into ordinary shares on a one-for-one basis.
- [F12]On May 24, 2018, the Reporting Person was granted 10,000 Restricted Stock Units, vesting in three equal annual installments beginning May 24, 2019.
- [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]All 15,000 options have vested and remain exercisable.
- [F5]All 25,000 options have vested and remain exercisable.
- [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]All 8,000 options have vested and remain exercisable.
- [F9]4,333 options vested on May 24, 2018 and remain exercisable, 4,333 options will vest on May 24, 2019, 4,334 options will vest on May 24, 2020.
Documents
Issuer
Quotient Ltd
CIK 0001596946
Entity typeother
Related Parties
1- filerCIK 0001604830
Filing Metadata
- Form type
- 4
- Filed
- May 31, 8:00 PM ET
- Accepted
- Jun 1, 5:33 PM ET
- Size
- 19.0 KB