Steven R. Boal - 29 Jun 2022 Form 4 Insider Report for Quotient Technology Inc.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
01 Jul 2022, 16:46:58 UTC
Prior SEC filing
03 Jun 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ John Platz, Attorney-in-Fact for Steven R. Boal

Key filing fact

Steven R. Boal filed Form 4 for Quotient Technology Inc. on 01 Jul 2022.

Key facts

  • This page summarizes Steven R. Boal's Form 4 filing for Quotient Technology Inc..
  • 7 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 01 Jul 2022, 16:46.

Change

  • Previous filing in this sequence was filed on 03 Jun 2022.
  • Current net transaction value: -$1,825,244.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

QUOT transaction

Common Stock

Award

Transaction value
$0
Shares
+177,809
Change %
+5.4%
Price
$0.000000
Shares after
3,448,574
Date
29 Jun 2022
Ownership
Direct
Footnotes
F1
QUOT transaction

Common Stock

Tax liability

Transaction value
$276,816
Shares
-88,158
Change %
-2.6%
Price
$3.14
Shares after
3,360,416
Date
29 Jun 2022
Ownership
Direct
Footnotes
F2
QUOT transaction

Common Stock

Tax liability

Transaction value
$599,702
Shares
-190,988
Change %
-5.7%
Price
$3.14
Shares after
3,169,428
Date
29 Jun 2022
Ownership
Direct
Footnotes
F3
QUOT transaction

Common Stock

Tax liability

Transaction value
$43,963
Shares
-14,001
Change %
-0.44%
Price
$3.14
Shares after
3,155,427
Date
29 Jun 2022
Ownership
Direct
Footnotes
F4
QUOT transaction

Common Stock

Tax liability

Transaction value
$152,212
Shares
-48,475
Change %
-1.5%
Price
$3.14
Shares after
3,106,952
Date
29 Jun 2022
Ownership
Direct
Footnotes
F5
QUOT transaction

Common Stock

Tax liability

Transaction value
$190,319
Shares
-60,611
Change %
-2%
Price
$3.14
Shares after
3,046,341
Date
29 Jun 2022
Ownership
Direct
Footnotes
F6
QUOT transaction

Common Stock

Tax liability

Transaction value
$562,233
Shares
-179,055
Change %
-5.9%
Price
$3.14
Shares after
2,867,286
Date
29 Jun 2022
Ownership
Direct
Footnotes
F7
QUOT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,237
Date
29 Jun 2022
Ownership
By Child Trust
Footnotes
F8
QUOT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,237
Date
29 Jun 2022
Ownership
By Child Trust
Footnotes
F9
QUOT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,237
Date
29 Jun 2022
Ownership
By Child Trust
Footnotes
F10
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Steven R. Boal is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 10 footnotes

Footnote F1

Represents shares received upon the 100% vesting and settlement of a performance-based restricted stock unit award granted on March 1, 2021 (the "PSU award"). The PSU award was granted per the terms of the Issuer's Long-Term Incentive Program and vested at 100% of the target level on the Reporting Person's last day of employment with the Issuer pursuant to the Separation Agreement and Release between the Reporting Person and the Issuer, dated May 16, 2022 (the "Separation Agreement"), a copy of which will be filed as an exhibit to the Issuer's quarterly report on Form 10-Q for the fiscal quarter ending June 30, 2022, and a description of which is set forth in the Issuer's report filed on Form 8-K with the Securities and Exchange Commission on May 20, 2022.

Footnote F2

Represents the number of shares withheld by and surrendered to the Issuer on June 29, 2022, to satisfy tax withholding obligations that arose in connection with the accelerated vesting at 100% of the target level of the PSU award granted on March 1, 2021. The PSU award was for 177,809 shares at 100% of the target level.

Footnote F3

Represents the number of shares withheld by and surrendered to the Issuer on June 29, 2022, to satisfy tax withholding obligations that arose in connection with the accelerated vesting at 100% of the target level of the PSU award granted on March 1, 2022. The PSU award was for 385,208 shares at 100% of the target level.

Footnote F4

Represents the number of shares withheld by and surrendered to the Issuer on June 29, 2022, to satisfy tax withholding obligations that arose in connection with the accelerated vesting in full of the restricted stock unit award (the "RSU award") granted on March 1, 2019. The RSU award was for 150,602 shares in total.

Footnote F5

Represents the number of shares withheld by and surrendered to the Issuer on June 29, 2022, to satisfy tax withholding obligations that arose in connection with the accelerated vesting in full of the RSU award granted on March 1, 2020. The RSU award was for 223,463 shares in total.

Footnote F6

Represents the number of shares withheld by and surrendered to the Issuer on June 29, 2022, to satisfy tax withholding obligations that arose in connection with the accelerated vesting in full of the RSU award granted on March 1, 2021. The RSU award was for 177,809 shares in total.

Footnote F7

Represents the number of shares withheld by and surrendered to the Issuer on June 29, 2022, to satisfy tax withholding obligations that arose in connection with the accelerated vesting in full of the RSU award granted on March 1, 2022. The RSU award was for 385,208 shares in total.

Footnote F8

These shares are held directly by Stuart Schiff TTEE of the EBB 2011 Trust dated September 23, 2011.

Footnote F9

These shares are held directly by Stuart Schiff TTEE of the JMB 2011 Trust dated September 23, 2011.

Footnote F10

These shares are held directly by Stuart Schiff TTEE of the SEB 2011 Trust dated September 23, 2011.

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