Quotient Technology (QUOT) director Wargotz returned to the company 73,045 shares at $4.00

Insider transactions reported

Michael H Wargotz (director at Quotient Technology Inc., QUOT) reported that they returned to the company 73,045 shares at $4.00 on Sep 5, 2023. After these transactions the filing shows 0 shares held directly.

Reporting person

Wargotz Michael H

Holdings before and after

• Common Stock: 73,045 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, at the effective time of the Merger (the Effective Time ), 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, with the exception of 40,095 of the 44,080 RSUs the Reporting Person was awarded on August 3, 2023, which were cancelled for no consideration in accordance with their terms, with such cancellation being exempt from Section 16 of the Securities Exchange Act of 1934, as amended, pursuant to Rules 16a-4(d) and 16b-6(d) thereunder.

Transaction codes in this filing

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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