Mohammad El - Dec 16, 2021 Form 4 Insider Report for Quotient Ltd (QTNT)

Role: Chief Commercial Officer
Signature: /s/ Mohammad El Khoury
Stock symbol: QTNT
Transactions as of: Dec 16, 2021
Transactions value $: $102,500
Form type: 4
Date filed: 12/17/2021, 05:48 PM
Previous filing: Oct 6, 2021
Next filing: Oct 5, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QTNT	Ordinary Shares, nil par value	Purchase	$103K	+50K		$2.05^*	50K	Dec 16, 2021	Direct

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	Restricted Stock Units						300K	Dec 16, 2021	Ordinary Shares	300K		Direct	F1, F2
holding	QTNT	Ordinary Share Option (Right to Buy)						235K	Dec 16, 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).