Douglas Valenti - May 10, 2021 Form 4 Insider Report for QUINSTREET, INC (QNST)

Role: Chief Executive Officer, Director
Signature: By: Gregory Wong For: Douglas Valenti
Stock symbol: QNST
Transactions as of: May 10, 2021
Transactions value $: -$269,492
Form type: 4
Date filed: 5/12/2021, 12:03 PM
Next filing: May 19, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QNST	Common Stock	Tax liability	-$48.6K	-2.73K	-0.72%	$17.82	377K	May 10, 2021	Direct	F1
transaction	QNST	Common Stock	Tax liability	-$55.2K	-3.1K	-0.82%	$17.82	374K	May 10, 2021	Direct	F1
transaction	QNST	Common Stock	Tax liability	-$55.2K	-3.1K	-0.83%	$17.82	371K	May 10, 2021	Direct	F1
transaction	QNST	Common Stock	Tax liability	-$55.2K	-3.1K	-0.84%	$17.82	368K	May 10, 2021	Direct	F1
transaction	QNST	Common Stock	Tax liability	-$55.2K	-3.1K	-0.84%	$17.82	365K	May 10, 2021	Direct	F1
holding	QNST	Common Stock						6.9K	May 10, 2021	by Son	F2
holding	QNST	Common Stock						2.98M	May 10, 2021	by Trust

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Exempt transaction pursuant to Section 16b-3 for payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished to the Issuer by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares in this Form 4 for any reason other than to cover required taxes.
F2	Shares held by Mr. Valenti's children.

Content

Exempt transaction pursuant to Section 16b-3 for payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished to the Issuer by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares in this Form 4 for any reason other than to cover required taxes.

Shares held by Mr. Valenti's children.