Quotient Technology (QUOT) executive Krepsik received 758,652 shares

Insider transactions reported

Matthew Krepsik (executive at Quotient Technology Inc., QUOT) reported that they received 758,652 shares, and returned to the company 2,076,463 shares at $4.00 on Sep 5, 2023. After these transactions the filing shows 0 shares held directly.

Reporting person

Krepsik Matthew

Holdings before and after

• Common Stock: 1,317,811 to 0 direct

Footnotes from the filing

1. 1. Pursuant to the Agreement and Plan of Merger, dated as of June 20, 2023 (the Merger Agreement ), by and among the Issuer, CB Neptune Holdings, LLC, a Delaware limited liability company ( Parent ), and NRS Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Parent ( Merger Sub ), effective September 5, 2023, among other things, Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly owned subsidiary of Parent (the Merger ).
2. 2. Pursuant to the Merger Agreement, the performance-vesting conditions of each Issuer performance stock unit ( PSU ) outstanding was deemed achieved as of immediately prior to the effective time of the Merger (the Effective Time ) at 100% of the target level of performance.
3. 3. Pursuant to the Merger Agreement, at the Effective Time, each outstanding, non-dissenting share of the Issuer's common stock ( Common Stock ), each Issuer PSU outstanding as of immediately prior to the Effective Time, and each Issuer restricted stock unit ( RSU ) outstanding as of immediately prior to the Effective Time automatically converted into the right to receive $4.00 in cash, without interest thereon and subject to applicable withholding taxes.

Transaction codes in this filing

Grant or award:

Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.

Sale back to the company:

Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.

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