Filing Details

Accession Number:
0000899243-22-025361
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-07-06 16:35:20
Reporting Period:
2022-06-24
Accepted Time:
2022-07-06 16:35:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1596946 Quotient Ltd QTNT () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1056630 Zubeen Shroff C/O Galen Partners,
680 Washington Blvd
Stamford CT 06901
Yes No 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 2022-06-24 4,666,666 $0.30 11,995,740 No 4 P Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Ordinary Shares 118,461 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Ordinary Shares Ordinary Shares Option (Right to buy) $11.62 2025-10-31 7,505 7,505 Direct
Ordinary Shares Ordinary Shares Option (Right to buy) $8.00 2024-04-29 5,000 5,000 Direct
Ordinary Shares Ordinary Shares Option (Right to buy) $9.95 2024-10-31 5,025 5,025 Direct
Ordinary Shares Ordinary Shares Option (Right to buy) $5.73 2026-10-31 8,726 8,726 Direct
Ordinary Shares Ordinary Shares Option (Right to buy) $5.21 2027-10-31 9,597 9,597 Direct
Ordinary Shares Ordinary Shares Option (Right to buy) $6.41 2028-10-31 6,240 6,240 Direct
Ordinary Shares Ordinary Shares Option (Right to buy) $7.78 2029-10-31 8,158 8,158 Direct
Ordinary Shares Ordinary Shares Option (Right to buy) $4.55 2030-10-31 13,611 13,611 Direct
Ordinary Shares Restricted Stock Units $0.00 10,870 21,738 Direct
Ordinary Shares Restricted Stock Units $0.00 2,668 5,336 Direct
Ordinary Shares Ordinary Shares Option (Right to buy) $2.53 2031-10-31 24,040 24,040 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2025-10-31 7,505 7,505 Direct
2024-04-29 5,000 5,000 Direct
2024-10-31 5,025 5,025 Direct
2026-10-31 8,726 8,726 Direct
2027-10-31 9,597 9,597 Direct
2028-10-31 6,240 6,240 Direct
2029-10-31 8,158 8,158 Direct
2030-10-31 13,611 13,611 Direct
10,870 21,738 Direct
2,668 5,336 Direct
2031-10-31 24,040 24,040 Direct
Footnotes
  1. Restricted Stock Units convert into ordinary shares on a one-for-one basis.
  2. Includes 10,913,091 ordinary shares held of record by Galen V LP, 931,945 ordinary shares held by Galen International V LP, and 150,704 ordinary shares held of record by Galen Management, LLC. Mr. Shroff is a managing director of Galen Management, LLC, and shares voting and dispositive power over the securities held by Galen V LP, Galen International V LP and Galen Management, LLC. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein.
  3. All 7,505 options have vested and remain exercisable.
  4. All 5,000 options have vested and remain exercisable.
  5. All 5,025 options have vested and remain exercisable.
  6. All 8,726 options have vested and remain exercisable.
  7. All 9,597 options have vested and remain exercisable.
  8. All 6,240 options have vested and remain exercisable.
  9. 2,719 options vested on October 31, 2021 and remain exercisable, and the remaining 2,720 options will vest on October 31, 2022.
  10. All 13,611 options have vested and remain exercisable.
  11. On October 31, 2021, the Reporting Person was granted 43,478 restricted stock units, of which 21,704 have vested and have converted into ordinary shares. The remaining 21,738 restricted stock units will vest in two equal installments on July 31, 2022 and October 31, 2022.
  12. On October 31, 2021, the Reporting Person was granted 10,672 restricted stock units, of which 5,336 have vested and have converted into ordinary shares. The remaining 5,336 restricted stock units will vest in two equal installments on July 31, 2022 and October 31, 2022.
  13. The options vest and become exercisable on October 31, 2022.
  14. Galen Partners V LP acquired 4,299,501 ordinary shares and Galen Partners International V LP ("Galen International V") acquired 367,165 ordinary shares.