Yuneeb U. Khan - Aug 1, 2022 Form 4 Insider Report for Quotient Technology Inc. (QUOT)

Signature
s/ John Platz, Attorney-in-Fact for Yuneeb U. Khan
Stock symbol
QUOT
Transactions as of
Aug 1, 2022
Transactions value $
$0
Form type
4
Date filed
8/3/2022, 07:48 PM
Previous filing
Jul 15, 2022
Next filing
Nov 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QUOT Common Stock Award $0 +523K $0.00 523K Aug 1, 2022 Direct F1
transaction QUOT Common Stock Award $0 +470K +90% $0.00 993K Aug 1, 2022 Direct F2
transaction QUOT Common Stock Award $0 +470K +47.37% $0.00 1.46M Aug 1, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of Restricted Stock Units ("RSUs") payable solely in common stock of the Issuer that vests as to 25% of the total number of shares on August 1, 2023, and in 6.25% quarterly installments thereafter, subject to the Reporting Person's continued employment through each applicable vesting date.
F2 Represents an award of RSUs payable solely in common stock of the Issuer that vests in 6.25% quarterly installments over a four-year period from August 1, 2022, subject to the Reporting Person's continued employment through each applicable vesting date.
F3 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 31 months following the August 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.