Home/Filings/4/0000899243-17-014604
4//SEC Filing

Quotient Ltd 4

Accession 0000899243-17-014604

CIK 0001596946operating

Filed

May 25, 8:00 PM ET

Accepted

May 26, 5:40 PM ET

Size

18.0 KB

Accession

0000899243-17-014604

Insider Transaction Report

Form 4
Period: 2017-05-24
COWAN D J PAUL E
DirectorSee Remarks10% Owner
Transactions
  • Award

    Employee Stock Option (right to buy)

    2017-05-24+50,00050,000 total
    Exercise: $7.58Exp: 2027-05-23Ordinary Shares (50,000 underlying)
  • Award

    Multi-year Performance Based Restricted Stock Unit

    2017-05-24+60,00060,000 total
    Exp: 2019-12-31Ordinary Shares (60,000 underlying)
Holdings
  • Ordinary Shares

    26,666
  • Option to purchase ordinary shares

    Exercise: $3.29Exp: 2024-06-27Ordinary Shares (123,431 underlying)
    123,431
  • Ordinary Shares

    (indirect: By Spouse)
    3,558,509
  • Employee Stock Option (right to buy)

    Exercise: $8.00Exp: 2024-04-29Ordinary Shares (90,000 underlying)
    90,000
  • Multi-year Performance Based Restricted Stock Units

    Exp: 2018-12-31Ordinary Shares (42,000 underlying)
    42,000
  • Employee Stock Option (right to buy)

    Exercise: $11.92Exp: 2026-05-31Ordinary Shares (35,000 underlying)
    35,000
Footnotes (9)
  • [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]23,334 options have vested and remain exercisable, 11,666 options will vest on 5/20/2018.
  • [F6]All 123,431 options have vested and remain exercisable.
  • [F7]All 90,000 options have vested and remain exercisable.
  • [F8]The options will vest and become exercisable in three equal annual installments beginning on May 24, 2018.
  • [F9]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 $22.00 per share for 20 consecutive trading days during the period April 1, 2019 to December 31, 2019.

Issuer

Quotient Ltd

CIK 0001596946

Entity typeoperating
IncorporatedJersey

Related Parties

1
  • filerCIK 0001596946

Filing Metadata

Form type
4
Filed
May 25, 8:00 PM ET
Accepted
May 26, 5:40 PM ET
Size
18.0 KB