Filing Details
- Accession Number:
- 0000899243-19-022201
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-08-21 16:05:33
- Reporting Period:
- 2019-08-19
- Accepted Time:
- 2019-08-21 16:05:33
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1596946 | Quotient Ltd | QTNT | In Vitro & In Vivo Diagnostic Substances (2835) | 264719797 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1604830 | Roland Boyd | C/O Quotient Limited 28 Esplanade St Helier Y9 JE2 3QA | See Remarks | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Ordinary Shares | Acquisiton | 2019-08-19 | 32,000 | $0.00 | 62,508 | No | 4 | M | Direct | |
Ordinary Shares | Acquisiton | 2019-08-19 | 8,000 | $3.29 | 70,508 | No | 4 | M | Direct | |
Ordinary Shares | Acquisiton | 2019-08-19 | 21,100 | $8.00 | 91,608 | No | 4 | M | Direct | |
Ordinary Shares | Disposition | 2019-08-19 | 21,100 | $10.95 | 70,508 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | M | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Ordinary Shares | Employee Stock Option (right to buy) | Disposition | 2019-08-19 | 21,100 | $0.00 | 21,100 | $8.00 |
Ordinary Shares | Options to purchase ordinary shares | Disposition | 2019-08-19 | 32,000 | $0.00 | 32,000 | $0.00 |
Ordinary Shares | Options to purchase ordinary shares | Disposition | 2019-08-19 | 8,000 | $0.00 | 8,000 | $3.29 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
3,900 | 2024-04-29 | No | 4 | M | Direct | |
0 | 2023-02-14 | No | 4 | M | Direct | |
0 | 2023-06-27 | No | 4 | M | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Ordinary Shares | Employee Stock Option (right to buy) | $11.92 | 2026-05-31 | 15,000 | 15,000 | Direct | |
Ordinary Shares | Employee Stock Option (right to buy) | $15.17 | 2025-05-19 | 15,000 | 15,000 | Direct | |
Ordinary Shares | Employee Stock Option (right to buy) | $7.58 | 2027-05-23 | 13,000 | 13,000 | Direct | |
Ordinary Shares | Multi-year Performance Based Restricted Stock Unit | $0.00 | 2019-12-31 | 6,000 | 6,000 | Direct | |
Ordinary Shares | Restricted Stock Units | $0.00 | 6,667 | 6,667 | Direct | ||
Ordinary Shares | Restricted Stock Units | $0.00 | 20,000 | 20,000 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2026-05-31 | 15,000 | 15,000 | Direct |
2025-05-19 | 15,000 | 15,000 | Direct |
2027-05-23 | 13,000 | 13,000 | Direct |
2019-12-31 | 6,000 | 6,000 | Direct |
6,667 | 6,667 | Direct | |
20,000 | 20,000 | Direct |
Footnotes
- 10,000 options have vested and remain exercisable and 5,000 options will vest on June 1, 2019.
- All 15,000 options have vested and remain exercisable.
- All 25,000 options have vested and remain exercisable.
- The exercise price will be paid in pounds sterling, at GBP 0.91 per share.
- All 32,000 options have vested and remain exercisable.
- All 8,000 options have vested and remain exercisable.
- 8,666 options have vested and remain exercisable. 4,334 options will vest on May 24, 2020.
- Each Multi-year Performance Based Restricted Stock Unit ("MRSU") represents a contingent right to receive one share of Quotient's ordinary shares. The MRSUs vest upon Quotient's ordinary shares achieving a volume weighted average market price of $22.00 per share for 20 consecutive trading days during the period April 1, 2019 to December 31, 2019.
- Restricted Stock Units convert into ordinary shares on a one-for-one basis.
- On May 24, 2018, the Reporting Person was granted 10,000 Restricted Stock Units, of which 3,333 have vested and have been exercised. The remaining 6,667 Restricted Stock Units will vest in two equal installments on May 24, 2020 and May 24, 2021.
- On May 24, 2019, the Reporting Person was granted 20,000 Restricted Stock Units, vesting in three equal annual installments beginning May 24, 2020.