Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-20-049515
Date:2020-09-01
Issuer: QUOTIENT TECHNOLOGY INC. (QUOT)
Original Submission Date:

Reporting Person:

CHEN CONNIE L
C/O QUOTIENT TECHNOLOGY INC.
400 LOGUE AVENUE MOUNTAIN VIEW, CA 94043

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-09-01 S 10,000 d $8.71 291,176 direct
COMMON STOCK 2020-09-01 F 865 d $9.07 290,311 direct
COMMON STOCK 2020-09-01 F 923 d $9.07 289,388 direct
COMMON STOCK 2020-09-01 F 20,589 d $9.07 268,799 direct
COMMON STOCK 2020-09-01 F 2,078 d $9.07 266,721 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 the sales reported on this form 4 were sold by the reporting person pursuant to a rule 10b5-1 trading plan adopted by the reporting person on november 20, 2019.
f2 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $8.60 to $8.922, inclusive. the reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the securities and exchange commission, upon request, full information regarding the number of shares sold at each separate price within the range.
f3 represents the number of shares withheld by and surrendered to the issuer on september 1, 2020, 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.
f4 represents the number of shares withheld by and surrendered to the issuer on september 1, 2020, 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.
f5 represents the number of shares withheld by and surrendered to the issuer on september 1, 2020, to satisfy tax withholding obligations that arose in connection with a vesting event from the rsu award granted on september 1, 2019. the rsu award for 50,000 shares fully vested on september 1, 2020.
f6 represents the number of shares withheld by and surrendered to the issuer on september 1, 2020, 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.
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