Quotient Ltd|4Aug 21, 4:05 PM ET

Boyd Roland 4

4 · Quotient Ltd · Filed Aug 21, 2019

Form 4

Period: 2019-08-19

See Remarks

Transactions

Exercise/Conversion
Ordinary Shares
2019-08-19$8.00/sh+21,100$168,800→ 91,608 total
Exercise/Conversion
Employee Stock Option (right to buy)
2019-08-19−21,100→ 3,900 total
Exercise: $8.00Exp: 2024-04-29→ Ordinary Shares (21,100 underlying)
Sale
Ordinary Shares
2019-08-19$10.95/sh−21,100$231,045→ 70,508 total
Exercise/Conversion
Options to purchase ordinary shares
2019-08-19−32,000→ 0 total
Exp: 2023-02-14→ Ordinary Shares (32,000 underlying)
Exercise/Conversion
Ordinary Shares
2019-08-19$3.29/sh+8,000$26,320→ 70,508 total
Exercise/Conversion
Options to purchase ordinary shares
2019-08-19−8,000→ 0 total
Exercise: $3.29Exp: 2023-06-27→ Ordinary Shares (8,000 underlying)
Exercise/Conversion
Ordinary Shares
2019-08-19+32,000→ 62,508 total

Holdings

Restricted Stock Units
→ Ordinary Shares (6,667 underlying)
6,667
Restricted Stock Units
→ Ordinary Shares (20,000 underlying)
20,000
Employee Stock Option (right to buy)
Exercise: $11.92Exp: 2026-05-31→ Ordinary Shares (15,000 underlying)
15,000
Employee Stock Option (right to buy)
Exercise: $15.17Exp: 2025-05-19→ Ordinary Shares (15,000 underlying)
15,000
Employee Stock Option (right to buy)
Exercise: $7.58Exp: 2027-05-23→ Ordinary Shares (13,000 underlying)
13,000
Multi-year Performance Based Restricted Stock Unit
Exp: 2019-12-31→ Ordinary Shares (6,000 underlying)
6,000

Footnotes (11)

[F1]10,000 options have vested and remain exercisable and 5,000 options will vest on June 1, 2019.
[F10]On May 24, 2018, the Reporting Person was granted 10,000 Restricted Stock Units, of which 3,333 have vested and have been exercised. The remaining 6,667 Restricted Stock Units will vest in two equal installments on May 24, 2020 and May 24, 2021.
[F11]On May 24, 2019, the Reporting Person was granted 20,000 Restricted Stock Units, vesting in three equal annual installments beginning May 24, 2020.
[F2]All 15,000 options have vested and remain exercisable.
[F3]All 25,000 options have vested and remain exercisable.
[F4]The exercise price will be paid in pounds sterling, at GBP 0.91 per share.
[F5]All 32,000 options have vested and remain exercisable.
[F6]All 8,000 options have vested and remain exercisable.
[F7]8,666 options have vested and remain exercisable. 4,334 options will vest on May 24, 2020.
[F8]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.
[F9]Restricted Stock Units convert into ordinary shares on a one-for-one basis.

Documents

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