4//SEC Filing
Boyd Roland 4
Accession 0000899243-19-014843
CIK 0001596946other
Filed
May 27, 8:00 PM ET
Accepted
May 28, 4:05 PM ET
Size
21.7 KB
Accession
0000899243-19-014843
Insider Transaction Report
Form 4
Quotient LtdQTNT
Boyd Roland
See Remarks
Transactions
- Award
Restricted Stock Units
2019-05-24+20,000→ 20,000 total→ Ordinary Shares (20,000 underlying) - Exercise/Conversion
Restricted Stock Units
2019-05-24−3,333→ 6,667 total→ Ordinary Shares (3,333 underlying) - Exercise/Conversion
Restricted Stock Units
2019-05-24−11,175→ 0 total→ Ordinary Shares (11,175 underlying) - Exercise/Conversion
Ordinary Shares
2019-05-24+14,508→ 30,508 total
Holdings
- 15,000
Employee Stock Option (right to buy)
Exercise: $11.92Exp: 2026-05-31→ Ordinary Shares (15,000 underlying) - 8,000
Options to purchase ordinary shares
Exercise: $3.29Exp: 2023-06-27→ Ordinary Shares (8,000 underlying) - 6,000
Multi-year Performance Based Restricted Stock Unit
Exp: 2019-12-31→ Ordinary Shares (6,000 underlying) - 25,000
Employee Stock Option (right to buy)
Exercise: $8.00Exp: 2024-04-29→ Ordinary Shares (25,000 underlying) - 15,000
Employee Stock Option (right to buy)
Exercise: $15.17Exp: 2025-05-19→ Ordinary Shares (15,000 underlying) - 32,000
Options to purchase ordinary shares
Exp: 2023-02-14→ Ordinary Shares (32,000 underlying) - 13,000
Employee Stock Option (right to buy)
Exercise: $7.58Exp: 2027-05-23→ Ordinary Shares (13,000 underlying)
Footnotes (12)
- [F1]10,000 options have vested and remain exercisable and 5,000 options will vest on June 1, 2019.
- [F10]On May 24, 2018, the Reporting Person was granted 10,000 Restricted Stock Units, of which 3,333 have vested and have been exercised. The remaining 6,667 Restricted Stock Units will vest in two equal installments on May 24, 2020 and May 24, 2021.
- [F11]On May 23, 2018, the Reporting Person was granted 11,175 restricted stock units that would vest on May 24, 2019 if certain business milestones were achieved on or before December 31, 2018. The business milestones were reached on December 12, 2018, and accordingly the restricted stock units have vested and have been exercised.
- [F12]On May 24, 2019, the Reporting Person was granted 20,000 Restricted Stock Units, vesting in three equal annual installments beginning May 24, 2020.
- [F2]All 15,000 options have vested and remain exercisable.
- [F3]All 25,000 options have vested and remain exercisable.
- [F4]The exercise price will be paid in pounds sterling, at GBP 0.91 per share.
- [F5]All 32,000 options have vested and remain exercisable.
- [F6]All 8,000 options have vested and remain exercisable.
- [F7]8,666 options have vested and remain exercisable. 4,334 options will vest on May 24, 2020.
- [F8]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 $22.00 per share for 20 consecutive trading days during the period April 1, 2019 to December 31, 2019.
- [F9]Restricted Stock Units convert into ordinary shares on a one-for-one basis.
Documents
Issuer
Quotient Ltd
CIK 0001596946
Entity typeother
Related Parties
1- filerCIK 0001604830
Filing Metadata
- Form type
- 4
- Filed
- May 27, 8:00 PM ET
- Accepted
- May 28, 4:05 PM ET
- Size
- 21.7 KB