Connie Chen - Mar 1, 2022 Form 4 Insider Report for Quotient Technology Inc. (QUOT)

Role: GC, Sec. and Comp. Officer
Signature: /s/ John Platz, Attorney-in-Fact for Connie Chen
Stock symbol: QUOT
Transactions as of: Mar 1, 2022
Transactions value $: -$33,748
Form type: 4
Date filed: 3/3/2022, 08:49 PM
Previous filing: Dec 3, 2021
Next filing: Jun 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QUOT	Common Stock	Tax liability	-$6.65K	-1.03K	-0.34%	$6.49	297K	Mar 1, 2022	Direct	F1
transaction	QUOT	Common Stock	Tax liability	-$7.09K	-1.09K	-0.37%	$6.49	295K	Mar 1, 2022	Direct	F2
transaction	QUOT	Common Stock	Tax liability	-$11.1K	-1.72K	-0.58%	$6.49	294K	Mar 1, 2022	Direct	F3
transaction	QUOT	Common Stock	Tax liability	-$8.85K	-1.36K	-0.46%	$6.49	292K	Mar 1, 2022	Direct	F4
transaction	QUOT	Common Stock	Award	$0	+116K	+39.53%	$0.00	408K	Mar 1, 2022	Direct	F5
transaction	QUOT	Common Stock	Award	$0	+116K	+28.33%	$0.00	523K	Mar 1, 2022	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the number of shares withheld by and surrendered to the Issuer on March 1, 2022, to satisfy tax withholding obligations that arose in connection with a vesting event from a Restricted Stock Units award (the "RSU award") granted on March 1, 2018. The RSU award for 40,000 shares in total vests in 6.25% quarterly installments over a four-year period from March 1, 2018.
F2	Represents the number of shares withheld by and surrendered to the Issuer on March 1, 2022, to satisfy tax withholding obligations that arose in connection with a vesting event from the RSU award granted on March 1, 2019. The RSU award for 42,671 shares in total vests in 6.25% quarterly installments over a four-year period from March 1, 2019.
F3	Represents the number of shares withheld by and surrendered to the Issuer on March 1, 2022, to satisfy tax withholding obligations that arose in connection with a vesting event from the RSU award granted on March 1, 2020. The RSU award for 67,039 shares in total vests in 6.25% quarterly installments over a four-year period from March 1, 2020.
F4	Represents the number of shares withheld by and surrendered to the Issuer on March 1, 2022, to satisfy tax withholding obligations that arose in connection with a vesting event from the RSU award granted on March 1, 2021. The RSU award for 53,342 shares in total vests in 6.25% quarterly installments over a four-year period from March 1, 2021.
F5	Represents an award of Restricted Stock Units ("RSUs") payable solely in common stock of the Issuer that vests in 6.25% quarterly installments over a four-year period from March 1, 2022.
F6	Represents an award of RSUs payable solely in common stock of the Issuer that vests in 1/3 installments if the Issuer's common stock achieves, for 20 consecutive trading days at any point during the three years following the March 1, 2022 grant, a price per share that equals or exceeds the following thresholds: $9.735, $12.98 and $16.225, provided that if any threshold is met before February 28, 2023, 50% of the tranche will vest on that date and the remaining 50% will vest one year later.