Douglas Valenti - Jul 26, 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
Jul 26, 2021
Transactions value $
$0
Form type
4
Date filed
7/28/2021, 12:50 PM
Previous filing
Jul 1, 2021
Next filing
Aug 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNST Common Stock Award $0 +100K +36.43% $0.00 375K Jul 26, 2021 Direct F1
transaction QNST Common Stock Award $0 +100K +26.7% $0.00 475K Jul 26, 2021 Direct F2
holding QNST Common Stock 6.9K Jul 26, 2021 by Son F3
holding QNST Common Stock 2.92M Jul 26, 2021 by Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock that are issuable pursuant to a Restricted Stock Unit (RSU) award. The vesting commencement date of the RSU award is August 10, 2021 and it vests 25% after one year and quarterly thereafter in equal installments over a period of 3 years. The initial vest date will be August 10, 2022 and the final vest date will be August 10, 2025.
F2 Represents shares of common stock issuable pursuant to a Performance-based Restricted Stock Unit (PSU) award, previously granted on July 29, 2020, and earned from performance based on the achievement of certain performance metrics during the fiscal year ended June 30, 2021, as determined on July 26, 2021. 25% of the PSUs vest on August 10, 2021, and the remaining PSUs vest quarterly thereafter over a period of 3 years.
F3 Shares held by Mr. Valenti's children.