Isabelle Buckle - Jan 31, 2022 Form 4 Insider Report for Quotient Ltd (QTNT)

Role
Director
Signature
/s/ Isabelle Buckle
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
Jun 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QTNT Ordinary Shares Sale -1.96K -7.41% 24.5K Jan 31, 2022 Direct F1, F7
transaction QTNT Ordinary Shares Options Exercise +6.92K +35.39% 26.5K Jan 31, 2022 Direct F1

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 -6.92K -25% $0.00 20.8K Jan 31, 2022 Ordinary Shares 6.92K Direct F1, F5
holding QTNT Ordinary Share Option (Right to Buy) 20.8K Jan 31, 2022 Ordinary Shares 20.8K $4.81 Direct F2
holding QTNT Ordinary Share Option (Right to Buy) 2.17K Jan 31, 2022 Ordinary Shares 2.17K $4.81 Direct F3
holding QTNT Ordinary Share Option (Right to Buy) 13.6K Jan 31, 2022 Ordinary Shares 13.6K $4.55 Direct F4
holding QTNT Ordinary Share Option (Right to Buy) 24K Jan 31, 2022 Ordinary Shares 24K $2.53 Direct F6
* 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 6,930 options vested on September 1, 2021 and remain exercisable, and the remaining 13,860 options will vest in two equal installments on September 1, 2022 and September 2, 2023.
F3 724 options vested on October 31, 2021 and remain exercisable, and the remaining 723 options will vest on October 31, 2022.
F4 All 13,611 options have vested and remain exercisable.
F5 On October 31, 2021, the Reporting Person was granted 27,668 restricted stock units, of which 6,917 have vested and have converted into ordinary shares. The remaining 20,751 restricted stock units will vest in three equal installments on April 30, 2022, July 31, 2022 and October 31, 2022.
F6 The options vest and become exercisable on October 31, 2022.
F7 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.