Mendez Manuel O. 4
4 · Quotient Ltd · Filed Jun 28, 2022
Insider Transaction Report
Form 4
Quotient LtdQTNT
Mendez Manuel O.
DirectorChief Executive Officer
Transactions
- Purchase
Ordinary Shares
2022-06-24$0.30/sh+66,666$20,000→ 483,333 total
Holdings
- 504,882
Ordinary Share Option (Right to Buy)
Exercise: $1.20Exp: 2032-04-01→ Ordinary Shares (504,882 underlying) - 718,788
Ordinary Share Option (Right to Buy)
Exercise: $3.68Exp: 2031-04-01→ Ordinary Shares (718,788 underlying) - 471,014
Restricted Stock Units
→ Ordinary Shares (416,667 underlying) - 500,000
Restricted Stock Units
→ Ordinary Shares (500,000 underlying)
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.