4//SEC Filing
Quotient Ltd 4
Accession 0000899243-16-026335
CIK 0001596946operating
Filed
Aug 3, 8:00 PM ET
Accepted
Aug 4, 7:56 PM ET
Size
14.1 KB
Accession
0000899243-16-026335
Insider Transaction Report
Form 4
Quotient LtdQTNT
COWAN D J PAUL E
DirectorSee Remarks10% Owner
Transactions
- Purchase
Ordinary Shares
2016-08-03$5.50/sh+45,455$250,003→ 3,558,509 total(indirect: By Spouse)
Holdings
- 26,666
Ordinary Shares
- 35,000
Employee Stock Option (right to buy)
Exercise: $11.92Exp: 2026-05-31→ Ordinary Shares (35,000 underlying) - 42,000
Multi-year Performance Based Restricted Stock Units
Exp: 2018-12-31→ Ordinary Shares (42,000 underlying) - 35,000
Employee Stock Option (right to buy)
Exercise: $15.17Exp: 2025-05-19→ Ordinary Shares (35,000 underlying) - 123,431
Option to purchase ordinary shares
Exercise: $3.29Exp: 2024-06-27→ Ordinary Shares (123,431 underlying) - 90,000
Employee Stock Option (right to buy)
Exercise: $8.00Exp: 2024-04-29→ Ordinary Shares (90,000 underlying) - 42,000
Multi-year Performance Based Restricted Stock Units
Exp: 2018-12-31→ Ordinary Shares (42,000 underlying)
Footnotes (7)
- [F1]Deidre Cowan, Mr. Cowan's spouse, exercises sole voting and dispositive power over the shares.
- [F2]The options will vest and become exercisable in three equal annual installments beginning on June 1, 2017.
- [F3]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.
- [F4]Each MRSU represents a contingent right to receive one share of Quotient 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.
- [F5]11,667 options vested on 5/20/2016 and remain exercisable, 11,667 options will vest on 5/20/2017, 11,666 options will vest on 5/20/2018.
- [F6]All 123,431 options have vested and remain exercisable.
- [F7]60,000 options have vested and remain exercisable, 30,000 options will vest on 4/29/2017.
Documents
Issuer
Quotient Ltd
CIK 0001596946
Entity typeoperating
IncorporatedJersey
Related Parties
1- filerCIK 0001596946
Filing Metadata
- Form type
- 4
- Filed
- Aug 3, 8:00 PM ET
- Accepted
- Aug 4, 7:56 PM ET
- Size
- 14.1 KB