Zubeen Shroff - Jan 31, 2022 Form 4 Insider Report for Quotient Ltd (QTNT)

Role
Director
Signature
/s/ Zubeen Shroff
Stock symbol
QTNT
Transactions as of
Jan 31, 2022
Transactions value $
$0
Form type
4
Date filed
2/2/2022, 03:05 PM
Previous filing
Nov 2, 2021
Next filing
May 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QTNT Ordinary Shares Options Exercise +13.5K +14.81% 105K Jan 31, 2022 Direct F1
holding QTNT Ordinary Shares 7.33M Jan 31, 2022 See footnote F2

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 Options Exercise $0 -10.9K -25% $0.00 32.6K Jan 31, 2022 Ordinary Shares 10.9K Direct F1, F11
transaction QTNT Restricted Stock Units Options Exercise $0 -2.67K -25% $0.00 8K Jan 31, 2022 Ordinary Shares 2.67K Direct F1, F12
holding QTNT Ordinary Shares Option (Right to buy) 7.51K Jan 31, 2022 Ordinary Shares 7.51K $11.62 Direct F3
holding QTNT Ordinary Shares Option (Right to buy) 5K Jan 31, 2022 Ordinary Shares 5K $8.00 Direct F4
holding QTNT Ordinary Shares Option (Right to buy) 5.03K Jan 31, 2022 Ordinary Shares 5.03K $9.95 Direct F5
holding QTNT Ordinary Shares Option (Right to buy) 8.73K Jan 31, 2022 Ordinary Shares 8.73K $5.73 Direct F6
holding QTNT Ordinary Shares Option (Right to buy) 9.6K Jan 31, 2022 Ordinary Shares 9.6K $5.21 Direct F7
holding QTNT Ordinary Shares Option (Right to buy) 6.24K Jan 31, 2022 Ordinary Shares 6.24K $6.41 Direct F8
holding QTNT Ordinary Shares Option (Right to buy) 8.16K Jan 31, 2022 Ordinary Shares 8.16K $7.78 Direct F9
holding QTNT Ordinary Share Option (Right to Buy) 13.6K Jan 31, 2022 Ordinary Shares 13.6K $4.55 Direct F10
holding QTNT Ordinary Share Option (Right to Buy) 24K Jan 31, 2022 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 Restricted Stock Units convert into ordinary shares on a one-for-one basis.
F2 Includes 6,613,590 ordinary shares held of record by Galen V, 564,780 ordinary shares held by Galen International V, and 150,704 ordinary shares held of record by Galen Management, LLC. Mr. Shroff is a managing director of Galen Management, LLC, and shares voting and dispositive power over the securities held by Galen V, Galen International V and Galen Management, LLC. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein.
F3 All 7,505 options have vested and remain exercisable.
F4 All 5,000 options have vested and remain exercisable.
F5 All 5,025 options have vested and remain exercisable.
F6 All 8,726 options have vested and remain exercisable.
F7 All 9,597 options have vested and remain exercisable.
F8 All 6,240 options have vested and remain exercisable.
F9 2,719 options vested on October 31, 2021 and remain exercisable, and the remaining 2,720 options will vest on October 31, 2022.
F10 All 13,611 options have vested and remain exercisable.
F11 On October 31, 2021, the Reporting Person was granted 43,478 restricted stock units, of which 10,870 have vested and have converted into ordinary shares. The remaining 32,608 restricted stock units will vest in three equal installments on April 30, 2022, July 31, 2022 and October 31, 2022.
F12 On October 31, 2021, the Reporting Person was granted 10,672 restricted stock units, of which 2,668 have vested and have converted into ordinary shares. The remaining 8,004 restricted stock units will vest in three equal installments on April 30, 2022, July 31, 2022 and October 31, 2022.
F13 The options vest and become exercisable on October 31, 2022.