Ali Kiboro - 19 Nov 2021 Form 4 Insider Report for Quotient Ltd

Role
Chief Financial Officer
Signature
/s/ Ali Kiboro
Issuer symbol
N/A
Transactions as of
19 Nov 2021
Net transactions value
$0
Form type
4
Filing time
23 Nov 2021, 19:10:33 UTC
Next filing
28 Jun 2022
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 +122,095 $0.000000 122,095 19 Nov 2021 Ordinary Shares 122,095 Direct F1, F2
transaction QTNT Ordinary Share Option (Right to Buy) Award $0 +123,267 $0.000000 123,267 19 Nov 2021 Ordinary Shares 123,267 $2.08 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 November 19, 2021, the Reporting Person was granted 122,095 Restricted Stock Units. The Restricted Stock Units will vest in three years, with 50% vesting on November 19, 2022 and 25% vesting on each of the second and third anniversaries of the initial vesting date. 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 annual installments beginning on November 19, 2022. The option was granted as an inducement grant pursuant to Nasdaq listing rule 5635(c)(4).