Ali Kiboro - 19 Nov 2022 Form 4 Insider Report for Quotient Ltd

Signature
/s/ Ali Kiboro
Issuer symbol
N/A
Transactions as of
19 Nov 2022
Net transactions value
$0
Form type
4
Filing time
22 Nov 2022, 15:35:16 UTC
Previous filing
28 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QTNT Ordinary Shares Options Exercise +1,526 +92% 3,192 19 Nov 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 -1,526 -50% $0.000000 1,526 19 Nov 2022 Ordinary Shares 1,526 Direct F1, F2
holding QTNT Ordinary Share Option (Right to Buy) 3,081 19 Nov 2022 Ordinary Shares 3,081 $83.20 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 3,052 Restricted Stock Units, of which 1,526 have vested and converted into ordinary shares. The remaining 1,526 will vest in two equal annual installments on November 19, 2023 and November 19, 2024. The Restricted Stock Units were granted as an inducement grant pursuant to Nasdaq listing rule 5635(c)(4).
F3 1,027 options vested on November 19, 2022 and remain exercisable, and the remaining 2,054 options will vest in two equal annual installments on November 19, 2023 and November 19, 2024. The option was granted as an inducement grant pursuant to Nasdaq listing rule 5635(c)(4).