Galen Management, LLC 4
4 · Quotient Ltd · Filed Oct 30, 2017
Insider Transaction Report
Form 4
Quotient LtdQTNT
Galen Partners V LP
10% Owner
Transactions
- Award
Ordinary Shares
2017-10-26$4.64/sh+419,728$1,947,538→ 6,909,346 total(indirect: See footnote) - Award
Warrants to purchase Ordinary Shares
2017-10-26$0.13/sh+419,728$52,466→ 419,728 total(indirect: See footnote)Exercise: $5.80Exp: 2018-07-31→ Ordinary Shares (419,728 underlying)
Footnotes (5)
- [F1]Galen Partners V LP ("Galen V") acquired 386,695 ordinary shares and Galen Partners International V LP ("Galen International V") acquired 33,033 ordinary shares.
- [F2]Includes 6,226,895 ordinary shares held of record by Galen V, 531,747 ordinary shares held of record by Galen International V and 150,704 ordinary shares held of record by Galen Management, LLC. Galen Parnters V, L.L.C. serves as the sole General Partner of Galen V and Galen International V and has sole voting and investment control over the shares held by such funds and may be deemed to beneficially own the shares held by such funds. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein, except to the extent of its respective pecuniary interest therein.
- [F3]Galen V LP acquired a warrant to purchase 386,695 ordinary shares and Galen International V acquired a warrant to purchase 33,033 ordinary shares.
- [F4]The warrants are immediately exercisable.
- [F5]Includes a warrant to purchase 386,695 ordinary shares held of record by Galen V and a warrant to purchase 33,033 ordinary shares held of record by Galen International V.