Mohammad el Khoury - 05 Oct 2021 Form 4 Insider Report for Quotient Ltd

Role
Chief Commercial Officer
Signature
/s/ Mohammad El Khoury
Issuer symbol
N/A
Transactions as of
05 Oct 2021
Net transactions value
$0
Form type
4
Filing time
06 Oct 2021, 16:10:11 UTC
Next filing
17 Dec 2021
SEC
View on sec.gov

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 Award $0 +300,148 $0.000000 300,148 05 Oct 2021 Ordinary Shares 300,148 Direct F1, F2
transaction QTNT Ordinary Share Option (Right to Buy) Award $0 +235,477 $0.000000 235,477 05 Oct 2021 Ordinary Shares 235,477 $2.91 Direct F3
* 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 On October 5, 2021, the Reporting Person was granted 300,148 Restricted Stock Units. The Restricted Stock Units will vest in three years, with 50% vesting on the first anniversary of the date of grant, and 25% vesting on each of the second and third anniversaries of the date of grant. The Restricted Stock Units were granted as an inducement grant pursuant to Nasdaq listing rule 5635(c)(4).
F3 The option vests and becomes exercisable in three equal installments beginning October 5, 2022. The option was granted as an inducement grant pursuant to Nasdaq listing rule 5635(c)(4).