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
- Restricted Stock Units convert into ordinary shares on a one-for-one basis.
- 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.
- All 7,505 options have vested and remain exercisable.
- All 5,000 options have vested and remain exercisable.
- All 5,025 options have vested and remain exercisable.
- All 8,726 options have vested and remain exercisable.
- All 9,597 options have vested and remain exercisable.
- All 6,240 options have vested and remain exercisable.
- 2,719 options vested on October 31, 2021 and remain exercisable, and the remaining 2,720 options will vest on October 31, 2022.
- All 13,611 options have vested and remain exercisable.
- 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.
- 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.
- The options vest and become exercisable on October 31, 2022.
- Galen Partners V LP acquired 4,299,501 ordinary shares and Galen Partners International V LP ("Galen International V") acquired 367,165 ordinary shares.
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