Mendez Manuel O. 4

4 · Quotient Ltd · Filed Apr 5, 2022

Form 4

Period: 2022-04-01

DirectorChief Executive Officer

Transactions

Disposition to Issuer
Restricted Stock Units
2022-04-01−416,667→ 471,014 total
→ Ordinary Shares (416,667 underlying)
Award
Ordinary Share Option (Right to Buy)
2022-04-01+504,882→ 504,882 total
Exercise: $1.20Exp: 2032-04-01→ Ordinary Shares (504,882 underlying)
Exercise/Conversion
Ordinary Shares
2022-04-01+416,667→ 416,667 total
Award
Restricted Stock Units
2022-04-01+500,000→ 500,000 total
→ Ordinary Shares (500,000 underlying)

Holdings

Ordinary Share Option (Right to Buy)
Exercise: $3.68Exp: 2031-04-01→ Ordinary Shares (718,788 underlying)
718,788

Footnotes (5)

[F1]Restricted Stock Units convert into ordinary shares on a one-for-one basis.
[F2]416,667 restricted stock units have vested and converted into ordinary shares. The remaining 471,014 restricted stock units will vest in two equal installments on April 1, 2023 and April 1, 2024.
[F3]239,595 options vested on April 1, 2022 and remain exercisable, and the remaining 479,193 options will vest in two equal installments on April 1, 2023 and April 1, 2024.
[F4]On April 1, 2022, the Reporting Person was granted 500,000 restricted stock units, vesting in three equal annual installments beginning April 1, 2023. Upon vesting, the restricted stock units will either convert into ordinary shares on a one-for-one basis or will be settled in cash on the vesting date in an amount equal to the fair market value of an ordinary share on such date, as determined by the Company.
[F5]The options vest and become exercisable in three equal annual installments beginning April 1, 2023.

Documents

1 file