4//SEC Filing
Quotient Ltd 4
Accession 0000899243-16-021730
CIK 0001596946operating
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 6:08 PM ET
Size
15.6 KB
Accession
0000899243-16-021730
Insider Transaction Report
Form 4
Quotient LtdQTNT
Boyd Roland
See Remarks
Transactions
- Award
Employee Stock Option (right to buy)
2016-06-01+15,000→ 15,000 totalExercise: $11.92Exp: 2026-05-31→ Ordinary Shares (15,000 underlying) - Award
Multi-year Performance Based Restricted Stock Units
2016-06-01+15,000→ 15,000 totalExp: 2018-12-31→ Ordinary Shares (15,000 underlying)
Holdings
- 15,000
Employee Stock Option (right to buy)
Exercise: $15.17Exp: 2025-05-19→ Ordinary Shares (15,000 underlying) - 16,000
Ordinary shares
- 15,000
Multi-year Performance Based Restricted Stock Units
Exp: 2018-12-31→ Ordinary Shares (15,000 underlying) - 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 (8)
- [F1]The options will vest and become exercisable in three equal annual installments beginning on June 1, 2017.
- [F2]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 $40.00 per share for 20 consecutive trading days during the period April 1, 2018 to December 31, 2018.
- [F3]Each 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 $60.00 per share for 20 consecutive trading days during the period April 1, 2018 to December 31, 2018.
- [F4]5,000 options vested on 5/20/2016 and remain exercisable, 5,000 will vest on 5/20/2017, 5,000 will vest on 5/20/2018.
- [F5]16,666 options have vested and remain exercisable, 8,334 options will vest on 4/29/2017.
- [F6]The exercise price will be paid in pounds sterling, at GBP 0.91 per share.
- [F7]All 32,000 options have vested and remain exercisable.
- [F8]5,334 options have vested and remain exercisable, 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
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 6:08 PM ET
- Size
- 15.6 KB