FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

McDonough Brian
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)
(Last)          (First)          (Middle)

28 ESPLANADE
3. Date of Earliest Transaction (MM/DD/YYYY)

4/30/2022
(Street)

ST HELIER, Y9 JE2 3QA
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 5/2/2022  S  2060 D(14) (6)73644 D  
Ordinary Shares 4/30/2022  M  6917 A (6)75704 D  
Ordinary Shares         53040 I By the McDonough-McGuire Joint Revocable Trust (9)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Ordinary Shares Option (Right to buy) $8.00            (1)4/29/2024 Ordinary Shares 10000  10000 D  
Options to purchase ordinary shares  (2)          11/14/2014 8/30/2022 Ordinary Shares 40029  40029 D  
Ordinary Shares Option (Right to buy) $9.95            (3)10/31/2024 Ordinary Shares 5025  5025 D  
Ordinary Shares Option (Right to buy) $11.62            (4)10/31/2025 Ordinary Shares 4303  4303 D  
Ordinary Shares Option (Right to buy) $5.73            (5)10/31/2026 Ordinary Shares 8726  8726 D  
Ordinary Shares Option (Right to buy) $5.21            (7)10/31/2027 Ordinary Shares 9597  9597 D  
Ordinary Shares Option (Right to buy) $6.41            (8)10/31/2028 Ordinary Shares 6240  6240 D  
Ordinary Shares Option (Right to buy) $7.78            (10)10/31/2029 Ordinary Shares 8158  8158 D  
Ordinary Shares Option (Right to buy) $4.55            (11)10/31/2030 Ordinary Shares 13611  13611 D  
Restricted Stock Units  (1)4/30/2022  M     6917   (12) (12)Ordinary Shares 6917 $0.00 13834 D  
Ordinary Shares Option (Right to buy) $2.53            (13)10/31/2031 Ordinary Shares 24040  24040 D  

Explanation of Responses:
(1) All 10,000 options have vested and remain exercisable.
(2) The exercise price will be paid in pounds sterling, at GBP 0.91 per share.
(3) All 5,025 options have vested and remain exercisable.
(4) All 4,303 options have vested and remain exercisable.
(5) All 8,726 options have vested and remain exercisable.
(6) Restricted Stock Units convert into ordinary shares on a one-for-one basis.
(7) All 9,597 options have vested and remain exercisable.
(8) All 6,240 options have vested and remain exercisable.
(9) The Reporting Person and his spouse are Co-Trustees of their successors in trust, of the McDonough-McGuire Joint Revocable Trust, dated May 14, 2013. The Reporting Person disclaims beneficialownership of these securities except tothe extent of his pecuniary interest therein, and the inclusion of these ordinary shares in this report shall not be deemed an admission of beneficial ownership of all of thereported ordinary shares for purposes of Section 16 or for any other purpose.
(10) 2,719 options vested on October 31, 2021 and remain exercisable, and the remaining 2,720 options will vest on October 31, 2022.
(11) All 13,611 options have vested and remain exercisable.
(12) On October 31, 2021, the Reporting Person was granted 27,668 restricted stock units, of which 13,834 have vested and have converted into ordinary shares. The remaining 13,834 restricted stock units will vest in two equal installments on July 31, 2022 and October 31, 2022.
(13) The options vest and become exercisable on October 31, 2022.
(14) The sale reported on this Form 4 is a sale to cover taxes arising from the vesting and settlement of RSU awards. This sale is mandated by the Reporting Person's election to fund such taxes by completing a"sell to cover" transaction with a brokerage firm designated by the Issuer.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
McDonough Brian
28 ESPLANADE
ST HELIER, Y9 JE2 3QA
X



Signatures
/s/ Brian McDonough5/3/2022
**Signature of Reporting PersonDate


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).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Quotient (NASDAQ:QTNT)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Quotient Charts.
Quotient (NASDAQ:QTNT)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Quotient Charts.