4//SEC Filing
Stackawitz Jeremy 4
Accession 0000899243-19-014840
CIK 0001596946other
Filed
May 27, 8:00 PM ET
Accepted
May 28, 4:05 PM ET
Size
18.9 KB
Accession
0000899243-19-014840
Insider Transaction Report
Form 4
Quotient LtdQTNT
Stackawitz Jeremy
President
Transactions
- Exercise/Conversion
Common Stock
2019-05-24+21,495→ 153,434 total - Award
Restricted Stock Units
2019-05-24+35,000→ 35,000 total→ Ordinary Shares (35,000 underlying) - Exercise/Conversion
Restricted Stock Units
2019-05-24−10,320→ 20,641 total→ Ordinary Shares (10,320 underlying) - Exercise/Conversion
Restricted Stock Units
2019-05-24−11,175→ 0 total→ Ordinary Shares (11,175 underlying)
Holdings
- 20,000
Employee Stock Option (right to buy)
Exercise: $11.92Exp: 2026-05-31→ Ordinary Shares (20,000 underlying) - 60,000
Employee Stock Option (right to buy)
Exercise: $8.00Exp: 2024-04-29→ Ordinary Shares (60,000 underlying) - 40,000
Employee Stock Option (right to buy)
Exercise: $7.58Exp: 2027-05-23→ Ordinary Shares (40,000 underlying) - 22,500
Employee Stock Option (right to buy)
Exercise: $15.17Exp: 2025-05-19→ Ordinary Shares (22,500 underlying) - 50,000
Multi-year Performance Based Restricted Stock Unit
Exp: 2019-12-31→ Ordinary Shares (50,000 underlying)
Footnotes (9)
- [F1]13,334 options have vested and remain exercisable and 6,666 options will vest on June 1, 2019.
- [F2]All 22,500 options have vested and remain exercisable.
- [F3]All 60,000 options have vested and remain exercisable.
- [F4]26,666 options have vested and remain exercisable. 13,334 options will vest on May 24, 2020.
- [F5]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 $22.00 per share for 20 consecutive trading days during the period April 1, 2019 to December 31, 2019.
- [F6]Restricted Stock Units convert into ordinary shares on a one-for-one basis.
- [F7]On May 24, 2018, the Reporting Person was granted 30,961 Restricted Stock Units, of which 10,320 have vested and have been exercised. The remaining 20,641 Restricted Stock Units will vest in two equal installments on May 24, 2020 and May 24, 2021.
- [F8]On May 23, 2018, the Reporting Person was granted 11,175 restricted stock units that would vest on May 24, 2019 if certain business milestones were achieved on or before December 31, 2018. The business milestones were reached on December 12, 2018, and accordingly the restricted stock units have vested and have been exercised.
- [F9]On May 24, 2019, the Reporting Person was granted 35,000 Restricted Stock Units, vesting in three equal annual installments beginning May 24, 2020.
Documents
Issuer
Quotient Ltd
CIK 0001596946
Entity typeother
Related Parties
1- filerCIK 0001604628
Filing Metadata
- Form type
- 4
- Filed
- May 27, 8:00 PM ET
- Accepted
- May 28, 4:05 PM ET
- Size
- 18.9 KB