X0306 4 2019-05-24 0 0001596946 Quotient Ltd QTNT 0001604830 Boyd Roland C/O QUOTIENT LIMITED 28 ESPLANADE ST HELIER Y9 JE2 3QA JERSEY 0 1 0 0 See Remarks Ordinary Shares 2019-05-24 4 M 0 14508 A 30508 D Employee Stock Option (right to buy) 11.92 2026-05-31 Ordinary Shares 15000 15000 D Employee Stock Option (right to buy) 15.17 2025-05-19 Ordinary Shares 15000 15000 D Employee Stock Option (right to buy) 8.00 2024-04-29 Ordinary Shares 25000 25000 D Options to purchase ordinary shares 2023-02-14 Ordinary Shares 32000 32000 D Options to purchase ordinary shares 3.29 2023-06-27 Ordinary Shares 8000 8000 D Employee Stock Option (right to buy) 7.58 2027-05-23 Ordinary Shares 13000 13000 D Multi-year Performance Based Restricted Stock Unit 2019-12-31 Ordinary Shares 6000 6000 D Restricted Stock Units 2019-05-24 4 M 0 3333 0.00 D Ordinary Shares 3333 6667 D Restricted Stock Units 2019-05-24 4 M 0 11175 0.00 D Ordinary Shares 11175 0 D Restricted Stock Units 2019-05-24 4 A 0 20000 0.00 A Ordinary Shares 20000 20000 D 10,000 options have vested and remain exercisable and 5,000 options will vest on June 1, 2019. All 15,000 options have vested and remain exercisable. All 25,000 options have vested and remain exercisable. The exercise price will be paid in pounds sterling, at GBP 0.91 per share. All 32,000 options have vested and remain exercisable. All 8,000 options have vested and remain exercisable. 8,666 options have vested and remain exercisable. 4,334 options will vest on May 24, 2020. Each Multi-year Performance Based Restricted Stock Unit ("MRSU") represents a contingent right to receive one share of Quotient's ordinary shares. The MRSUs vest upon Quotient's ordinary shares achieving a volume weighted average market price of $22.00 per share for 20 consecutive trading days during the period April 1, 2019 to December 31, 2019. Restricted Stock Units convert into ordinary shares on a one-for-one basis. On May 24, 2018, the Reporting Person was granted 10,000 Restricted Stock Units, of which 3,333 have vested and have been exercised. The remaining 6,667 Restricted Stock Units will vest in two equal installments on May 24, 2020 and May 24, 2021. On May 23, 2018, the Reporting Person was granted 11,175 restricted stock units that would vest on May 24, 2019 if certain business milestones were achieved on or before December 31, 2018. The business milestones were reached on December 12, 2018, and accordingly the restricted stock units have vested and have been exercised. On May 24, 2019, the Reporting Person was granted 20,000 Restricted Stock Units, vesting in three equal annual installments beginning May 24, 2020. Group Financial Controller and Treasurer /s/ Roland Boyd 2019-05-28