Mohammad El - Oct 5, 2021 Form 4 Insider Report for Quotient Ltd (QTNT)

Role
Chief Commercial Officer
Signature
/s/ Mohammad El Khoury
Stock symbol
QTNT
Transactions as of
Oct 5, 2021
Transactions value $
$0
Form type
4
Date filed
10/6/2021, 04:10 PM
Next filing
Dec 17, 2021

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 Oct 5, 2021 Ordinary Shares 300K Direct F1, F2
transaction QTNT Ordinary Share Option (Right to Buy) Award $0 +235K $0.00 235K Oct 5, 2021 Ordinary Shares 235K $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).