Heino von Prondzynski - Nov 1, 2021 Form 4 Insider Report for Quotient Ltd (QTNT)

Role
Director
Signature
/s/ Heino von Prondzynski
Stock symbol
QTNT
Transactions as of
Nov 1, 2021
Transactions value $
$0
Form type
4
Date filed
11/3/2021, 06:04 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 -3.71K -1.25% 294K Nov 1, 2021 Direct F1, F6

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 Share Option (Right to Buy) 4.3K Nov 1, 2021 Ordinary Shares 4.3K $11.62 Direct F2
holding QTNT Ordinary Share Option (Right to Buy) 8.73K Nov 1, 2021 Ordinary Shares 8.73K $5.73 Direct F3
holding QTNT Ordinary Shares Option (Right to buy) 9.6K Nov 1, 2021 Ordinary Shares 9.6K $5.21 Direct F4
holding QTNT Restricted Stock Units 69K Nov 1, 2021 Ordinary Shares 69K Direct F1, F5
* 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 All 4,303 options have vested and remain exercisable.
F3 All 8,726 options have vested and remain exercisable.
F4 All 9,597 options have vested and remain exercisable.
F5 On October 31, 2021, the Reporting Person was granted 69,041 restricted stock units, vesting in four equal installments on January 31, 2022, April 30, 2022, July 31, 2022 and October 31, 2022.
F6 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.