El Khoury Mohammad 4
4 · Quotient Ltd · Filed Oct 6, 2021
Insider Transaction Report
Form 4
Quotient LtdQTNT
El Khoury Mohammad
Chief Commercial Officer
Transactions
- Award
Restricted Stock Units
2021-10-05+300,148→ 300,148 total→ Ordinary Shares (300,148 underlying) - Award
Ordinary Share Option (Right to Buy)
2021-10-05+235,477→ 235,477 totalExercise: $2.91Exp: 2031-10-05→ Ordinary Shares (235,477 underlying)
Footnotes (3)
- [F1]Restricted Stock Units convert into ordinary shares on a one-for-one basis.
- [F2]On October 5, 2021, the Reporting Person was granted 300,148 Restricted Stock Units. The Restricted Stock Units will vest in three years, with 50% vesting on the first anniversary of the date of grant, and 25% vesting on each of the second and third anniversaries of the date of grant. The Restricted Stock Units were granted as an inducement grant pursuant to Nasdaq listing rule 5635(c)(4).
- [F3]The option vests and becomes exercisable in three equal installments beginning October 5, 2022. The option was granted as an inducement grant pursuant to Nasdaq listing rule 5635(c)(4).