X0306 4 2018-11-24 0 0001596946 Quotient Ltd QTNT 0001731995 Walt Franz C/O QUOTIENT LIMITED 28 ESPLANADE ST HELIER Y9 JE2 3QA JERSEY 1 1 0 0 Chief Executive Officer Ordinary Shares 2018-11-24 4 M 0 7645 A 159446 D Ordinary Share Option (Right to Buy) 4.41 2028-02-19 Ordinary Share 22676 22676 D Ordinary Share Option (Right to Buy) 4.71 2028-04-01 Ordinary Share 30000 30000 D Restricted Stock Units Ordinary Shares 91743 91743 D Restricted Stock Units 2018-11-24 4 M 0 7645 0.00 D Ordinary Shares 7645 45872 D Restricted Stock Units Ordinary Shares 45000 45000 D Restricted Stock Units Ordinary Shares 33750 33750 D Ordinary Share Option (Right to Buy) 6.54 2028-10-31 Ordinary Shares 45872 45872 D Ordinary Share Option (Right to Buy) 7.54 2028-10-31 Ordinary Shares 70000 70000 D Restricted Stock Units Ordinary Shares 91743 91743 D Restricted Stock Units convert into ordinary shares on a one-for-one basis. The options vest and become exercisable in three equal installments beginning February 19, 2019. The options vest and become exercisable in three equal annual installments beginning April 1, 2019. On May 24, 2018, the Reporting Person was granted 91,743 restricted stock units, of which 45,871 restricted stock units have vested and have been exercised. The remaining 45,872 restricted stock units will vest in six equal monthly installments on December 24, 2018, January 24, 2019, February 24, 2019, March 24, 2019, April 24, 2019 and May 24, 2019. On August 2, 2018, the remuneration committee of the Company's board of directors approved the grant of 45,000 restricted stock units to the Reporting Person, subject to shareholders' approval of certain amendments to the Plan. On October 31, 2018, the Company's shareholders approved the amendments to the Plan. Of the 45,000 restricted stock units, 11,250 restricted stock units have vested and have been exercised. The remaining 33,750 restricted stock units will vest in nine equal monthly installments on December 2, 2018, January 2, 2019, February 2, 2019, March 2, 2019, April 2, 2019, May 2, 2019, June 2, 2019, July 2, 2019 and August 2, 2019. The options vest and become exercisable in two equal annual installments beginning May 24, 2019. The options vest and become exercisable in two equal annual installments beginning August 2, 2019. On November 2, 2018, the Reporting Person was granted 91,743 restricted stock units, vesting in twelve equal installments on June 24, 2019, July 24, 2019, August 24, 2019, September 24, 2019, October 24, 2019, November 24, 2019, December 24, 2019, January 24, 2020, February 24, 2020, March 24, 2020, April 24, 2020 and May 24, 2020. /s/ Franz Walt, by Allein Sabel his attorney in fact 2018-11-27