Ali Kiboro - 24 Jun 2022 Form 4 Insider Report for Quotient Ltd

Role: Chief Financial Officer
Signature: /s/ Ali Kiboro
Issuer symbol: N/A
Transactions as of: 24 Jun 2022
Net transactions value: +$20,000
Form type: 4
Filing time: 28 Jun 2022, 17:40:43 UTC
Previous filing: 23 Nov 2021
Next filing: 22 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QTNT	Ordinary Shares	Purchase	$20,000	+66,666		$0.3000	66,666	24 Jun 2022	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						122,095	24 Jun 2022	Ordinary Shares	122,095		Direct	F1, F2
holding	QTNT	Ordinary Share Option (Right to Buy)						123,267	24 Jun 2022	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).