Boyd Roland 4
4 · Quotient Ltd · Filed Jun 1, 2018
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.