Mohammad El - Oct 5, 2022 Form 4 Insider Report for Quotient Ltd (QTNT)

Role: Chief Commercial Officer
Signature: /s/ Mohammad El Khoury
Stock symbol: QTNT
Transactions as of: Oct 5, 2022
Transactions value $: $0
Form type: 4
Date filed: 10/5/2022, 04:35 PM
Previous filing: Dec 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QTNT	Ordinary Shares, nil par value	Options Exercise		+150K	+300.15%		200K	Oct 5, 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	-150K	-50%	$0.00	150K	Oct 5, 2022	Ordinary Shares	150K		Direct	F1, F2
holding	QTNT	Ordinary Share Option (Right to Buy)						235K	Oct 5, 2022	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, of which 150,074 have vested and converted into ordinary shares. The remaining 150,074 Restricted Stock Units will vest in two equal installments on October 5, 2023 and October 5, 2024. The Restricted Stock Units were granted as an inducement grant pursuant to Nasdaq listing rule 5635(c)(4).
F3	78,492 options vested on October 5, 2022 and remain exercisable. The remaining 156,985 options will vest in two installments, with 78,492 options vesting on October 5, 2023 and 78,493 options vesting on October 5, 2024. The option was granted as an inducement grant pursuant to Nasdaq listing rule 5635(c)(4).