Mohammad El - 05 Oct 2021 Form 4 Insider Report for Quotient Ltd (QTNT)

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	+300K		$0.00	300K	05 Oct 2021	Ordinary Shares	300K		Direct	F1, F2
transaction	QTNT	Ordinary Share Option (Right to Buy)	Award	$0	+235K		$0.00	235K	05 Oct 2021	Ordinary Shares	235K	$2.91	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).