4//SEC Filing
Quotient Ltd 4
Accession 0001209191-15-046309
CIK 0001596946operating
Filed
May 21, 8:00 PM ET
Accepted
May 22, 6:13 PM ET
Size
13.2 KB
Accession
0001209191-15-046309
Insider Transaction Report
Form 4
Quotient LtdQTNT
Boyd Roland
See Remarks
Transactions
- Award
Multi-year Performance Based Restricted Stock Units
2015-05-20+15,000→ 15,000 totalExp: 2018-12-31→ Ordinary Shares (15,000 underlying) - Award
Employee Stock Option (right to buy)
2015-05-20+15,000→ 15,000 totalExercise: $15.17Exp: 2025-05-19→ Ordinary Shares (15,000 underlying)
Holdings
- 16,000
Ordinary shares
- 25,000
Employee Stock Option (right to buy)
Exercise: $8.00Exp: 2024-04-29→ Ordinary Shares (25,000 underlying) - 32,000
Options to purchase ordinary shares
Exp: 2023-02-14→ Ordinary Shares (32,000 underlying) - 8,000
Options to purchase ordinary shares
Exercise: $3.29Exp: 2023-06-27→ Ordinary Shares (8,000 underlying)
Footnotes (7)
- [F1]Each Multi-year Performance Based Restricted Stock Unit ("MRSU") represents a contingent right to receive one share of Quotient ordinary shares. The MRSUs vest upon Quotient's ordinary shares achieving a volume weighted average market price of $60.00 per share for 20 consecutive trading days during the period April 1, 2018 to December 31, 2018.
- [F2]The option becomes exercisable in three equal annual installments beginning May 20, 2016.
- [F3]8,333 options vested on 4/29/2015 and remain exercisable, 8,333 options will vest on 4/29/2016, 8,334 options will vest on 4/29/2017.
- [F4]The exercise price will be paid in pounds sterling, at GBP 0.91 per share.
- [F5]21,334 options have vested and remain exercisable, 10,666 options will vest on 8/14/2015.
- [F6]In the Form 4 filed 5/1/2014, the number of shares previously reported in columns 7 and 9 (32,800) differed from the sum of the number of shares reported in footnote 3 (31,999) due to typographical errors. The correct number of shares is 32,000, as reported herein.
- [F7]2,667 options vested on 6/28/2014 and remain exercisable, 2,667 options will vest on 6/28/2015, 2,666 options will vest on 6/28/2016.
Documents
Issuer
Quotient Ltd
CIK 0001596946
Entity typeoperating
IncorporatedJersey
Related Parties
1- filerCIK 0001596946
Filing Metadata
- Form type
- 4
- Filed
- May 21, 8:00 PM ET
- Accepted
- May 22, 6:13 PM ET
- Size
- 13.2 KB