Brian McDonough - Nov 1, 2021 Form 4 Insider Report for Quotient Ltd (QTNT)

Role
Director
Signature
/s/ Brian McDonough
Stock symbol
QTNT
Transactions as of
Nov 1, 2021
Transactions value $
$0
Form type
4
Date filed
11/3/2021, 06:00 PM
Previous filing
Nov 2, 2021
Next filing
Feb 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QTNT Ordinary Shares Sale -1.24K -1.96% 61.9K Nov 1, 2021 Direct F6, F14
holding QTNT Ordinary Shares 53K Nov 1, 2021 By the McDonough-McGuire Joint Revocable Trust F9

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
holding QTNT Ordinary Shares Option (Right to buy) 10K Nov 1, 2021 Ordinary Shares 10K $8.00 Direct F1
holding QTNT Options to purchase ordinary shares 40K Nov 1, 2021 Ordinary Shares 40K Direct F2
holding QTNT Ordinary Shares Option (Right to buy) 5.03K Nov 1, 2021 Ordinary Shares 5.03K $9.95 Direct F3
holding QTNT Ordinary Shares Option (Right to buy) 4.3K Nov 1, 2021 Ordinary Shares 4.3K $11.62 Direct F4
holding QTNT Ordinary Shares Option (Right to buy) 8.73K Nov 1, 2021 Ordinary Shares 8.73K $5.73 Direct F5
holding QTNT Ordinary Shares Option (Right to buy) 9.6K Nov 1, 2021 Ordinary Shares 9.6K $5.21 Direct F7
holding QTNT Ordinary Shares Option (Right to buy) 6.24K Nov 1, 2021 Ordinary Shares 6.24K $6.41 Direct F8
holding QTNT Ordinary Shares Option (Right to buy) 8.16K Nov 1, 2021 Ordinary Shares 8.16K $7.78 Direct F10
holding QTNT Ordinary Share Option (Right to Buy) 13.6K Nov 1, 2021 Ordinary Shares 13.6K $4.55 Direct F11
holding QTNT Restricted Stock Units 27.7K Nov 1, 2021 Ordinary Shares 27.7K Direct F1, F12
holding QTNT Ordinary Share Option (Right to Buy) 24K Nov 1, 2021 Ordinary Shares 24K $2.53 Direct F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All 10,000 options have vested and remain exercisable.
F2 The exercise price will be paid in pounds sterling, at GBP 0.91 per share.
F3 All 5,025 options have vested and remain exercisable.
F4 All 4,303 options have vested and remain exercisable.
F5 All 8,726 options have vested and remain exercisable.
F6 Restricted Stock Units convert into ordinary shares on a one-for-one basis.
F7 All 9,597 options have vested and remain exercisable.
F8 All 6,240 options have vested and remain exercisable.
F9 The Reporting Person and his spouse are Co-Trustees of their successors in trust, of the McDonough-McGuire Joint Revocable Trust, dated May 14, 2013. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these ordinary shares in this report shall not be deemed an admission of beneficial ownership of all of the reported ordinary shares for purposes of Section 16 or for any other purpose.
F10 2,719 options vested on October 31, 2021 and remain exercisable, and the remaining 2,720 options will vest on October 31, 2022.
F11 All 13,611 options have vested and remain exercisable.
F12 On October 31, 2021, the Reporting Person was granted 27,668 restricted stock units, vesting in four equal installments on January 31, 2022, April 30, 2022, July 31, 2022 and October 31, 2022.
F13 The options vest and become exercisable on October 31, 2022.
F14 The sale reported on this Form 4 is a sale to cover taxes arising from the vesting and settlement of RSU awards. This sale is mandated by the Reporting Person's election to fund such taxes by completing a "sell to cover" transaction with a brokerage firm designated by the Issuer.