Pamela J. Strayer - Mar 1, 2022 Form 4 Insider Report for Quotient Technology Inc. (QUOT)

Role
CFO & Treasurer
Signature
/s/ John Platz, Attorney-in-Fact for Pamela J. Strayer
Stock symbol
QUOT
Transactions as of
Mar 1, 2022
Transactions value $
-$13,979
Form type
4
Date filed
3/3/2022, 08:46 PM
Previous filing
Feb 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QUOT Common Stock Tax liability -$14K -2.15K -0.89% $6.49 239K Mar 1, 2022 Direct F1
transaction QUOT Common Stock Award $0 +208K +86.85% $0.00 448K Mar 1, 2022 Direct F2
transaction QUOT Common Stock Award $0 +208K +46.48% $0.00 656K Mar 1, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld by and surrendered to the Issuer on March 1, 2022, to satisfy tax withholding obligations that arose in connection with a vesting event from a Restricted Stock Units award (the "RSUs") granted on March 1, 2021 for 99,573 shares in total. The RSUs in 6.25% quarterly installments over a four-year period from March 1, 2021.
F2 Represents an award of Restricted Stock Units ("RSUs") payable solely in common stock of the Issuer that vests in 6.25% quarterly installments over a four-year period from March 1, 2022.
F3 Represents an award of RSUs payable solely in common stock of the Issuer that vests in 1/3 installments if the Issuer's common stock achieves, for 20 consecutive trading days at any point during the three years following the March 1, 2022 grant, a price per share that equals or exceeds the following thresholds: $9.735, $12.98 and $16.225, provided that if any threshold is met before February 28, 2023, 50% of the tranche will vest on that date and the remaining 50% will vest one year later.