Zubeen Shroff - Jul 31, 2021 Form 4 Insider Report for Quotient Ltd (QTNT)

Role
Director
Signature
/s/ Zubeen Shroff
Stock symbol
QTNT
Transactions as of
Jul 31, 2021
Transactions value $
$0
Form type
4
Date filed
8/2/2021, 04:06 PM
Next filing
Nov 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QTNT Ordinary Shares Options Exercise +7.53K +9.86% 83.9K Jul 31, 2021 Direct F1
holding QTNT Ordinary Shares 7.33M Jul 31, 2021 See footnote F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction QTNT Restricted Stock Units Options Exercise $0 -6.04K -50% $0.00 6.04K Jul 31, 2021 Ordinary Shares 6.04K Direct F1, F10
transaction QTNT Restricted Stock Units Options Exercise $0 -1.48K -50.03% $0.00 1.48K Jul 31, 2021 Ordinary Shares 1.48K Direct F1, F11
holding QTNT Ordinary Shares Option (Right to buy) 7.51K Jul 31, 2021 Ordinary Shares 7.51K $11.62 Direct F3
holding QTNT Ordinary Shares Option (Right to buy) 5K Jul 31, 2021 Ordinary Shares 5K $8.00 Direct F4
holding QTNT Ordinary Shares Option (Right to buy) 5.03K Jul 31, 2021 Ordinary Shares 5.03K $9.95 Direct F5
holding QTNT Ordinary Shares Option (Right to buy) 8.73K Jul 31, 2021 Ordinary Shares 8.73K $5.73 Direct F6
holding QTNT Ordinary Shares Option (Right to buy) 9.6K Jul 31, 2021 Ordinary Shares 9.6K $5.21 Direct F7
holding QTNT Ordinary Shares Option (Right to buy) 6.24K Jul 31, 2021 Ordinary Shares 6.24K $6.41 Direct F8
holding QTNT Ordinary Shares Option (Right to buy) 8.16K Jul 31, 2021 Ordinary Shares 8.16K $7.78 Direct F9
holding QTNT Ordinary Share Option (Right to Buy) 13.6K Jul 31, 2021 Ordinary Shares 13.6K $4.55 Direct F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units convert into ordinary shares on a one-for-one basis.
F2 Includes 6,613,590 ordinary shares held of record by Galen V, 564,780 ordinary shares held by Galen International V, 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, Galen International V and Galen Management, LLC. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein.
F3 All 7,505 options have vested and remain exercisable.
F4 All 5,000 options have vested and remain exercisable
F5 All 5,025 options have vested and remain exercisable.
F6 All 8,726 options have vested and remain exercisable.
F7 All 9,597 options have vested and remain exercisable.
F8 4,160 options have vested and remain exercisable, and 2,080 options will vest on October 31, 2021.
F9 2,719 options vested on October 31, 2020 and remain exercisable, and the remaining 5,439 options will vest in two equal annual installments on October 31, 2021 and October 31, 2022.
F10 On October 31, 2020, the Reporting Person was granted 24,176 restricted stock units, of which 18,132 have vested and have been exercised. The remaining 6,044 restricted stock units will vest on October 31, 2021.
F11 On October 31, 2020, the Reporting Person was granted 5,934 restricted stock units, of which 4,452 have vested and have been exercised. The remaining 1,482 restricted stock units will vest on October 31, 2021.
F12 The options vest and become exercisable on October 31, 2021.