Quotient (QTNTQ) Form 4 Quotient / Frederick Hallsworth ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Hallsworth Frederick

(Last) (First) (Middle)

28 ESPLANADE

(Street)

ST HELIER Y9 JE2 3QA

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Quotient Ltd [ QTNT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/31/2023

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	01/31/2023		M		438	A	(1)	6,186	D
Ordinary Shares								78	I	By wife

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Ordinary Shares Option (Right to buy)	$464.8							(2)	10/31/2025	Ordinary Shares	187		187	D
Ordinary Shares Option (Right to Buy)	$320							(3)	04/29/2024	Ordinary Shares	125		125	D
Ordinary Shares Option (Right to Buy)	(4)							(5)	08/30/2022	Ordinary Shares	500		500	D
Ordinary Shares Option (Right to Buy)	$398							(6)	10/31/2024	Ordinary Shares	125		125	D
Ordinary Shares Option (Right to Buy)	$229.2							(7)	10/31/2026	Ordinary Shares	218		218	D
Ordinary Shares Option (Right to Buy)	$208.4							(8)	10/31/2027	Ordinary Shares	239		239	D
Ordinary Shares Option (Right to Buy)	$256.4							(9)	10/31/2028	Ordinary Shares	156		156	D
Ordinary Shares Option (Right to Buy)	$311.2							(10)	10/31/2029	Ordinary Shares	203		203	D
Ordinary Shares Option (Right to Buy)	$182							(11)	10/31/2030	Ordinary Shares	340		340	D
Ordinary Shares Option (Right to Buy)	$101.2							(12)	10/31/2031	Ordinary Shares	601		601	D
Restricted Stock Units	(1)	01/31/2023		M			438	(13)	(13)	Ordinary Shares	438	$0.00	1,312	D
Ordinary Shares Option (Right to Buy)	$5.2							(14)	10/31/2032	Ordinary Shares	1,000		1,000	D

Explanation of Responses:

1. Restricted Stock Units convert into ordinary shares on a one-for-one basis.

2. All 187 options have vested and remain exercisable.

3. All 125 options have vested and remain exercisable.

4. The exercise price will be paid in pounds sterling, at GBP36.40 per share.

5. All 500 options have vested and remain exercisable.

6. All 125 options have vested and remain exercisable.

7. All 218 options have vested and remain exercisable.

8. All 239 options have vested and remain exercisable.

9. All 156 options have vested and remain exercisable.

10. All 203 options have vested and remain exercisable.

11. All 340 options have vested and remain exercisable.

12. All 601 options have vested and remain exercisable.

13. On October 31, 2022, the Reporting Person was granted 1,750 restricted stock units, of which 438 have vested and have converted into ordinary shares. The remaining 1,312 restricted stock units will vest in three equal installments on April 30, 2023, July 31, 2023 and October 31, 2023.

14. The options vest and become exercisable on October 31, 2023.

Remarks:

	/s/ Frederick Hallsworth	02/02/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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