Douglas Valenti - 16 Sep 2021 Form 4 Insider Report for QUINSTREET, INC (QNST)

Role
Chief Executive Officer, Director
Signature
By: Gregory Wong For: Douglas Valenti
Issuer symbol
QNST
Transactions as of
16 Sep 2021
Net transactions value
-$1,497,776
Form type
4
Filing time
20 Sep 2021, 19:15:49 UTC
Previous filing
12 Aug 2021
Next filing
22 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNST Common Stock Options Exercise $13,707 +3,776 +0.87% $3.63 438,363 16 Sep 2021 Direct
transaction QNST Common Stock Sale $67,704 -3,776 -0.86% $17.93 434,587 16 Sep 2021 Direct F1, F2
transaction QNST Common Stock Options Exercise $16,710 +4,167 +0.96% $4.01 438,754 16 Sep 2021 Direct
transaction QNST Common Stock Sale $74,714 -4,167 -0.95% $17.93 434,587 16 Sep 2021 Direct F1, F2
transaction QNST Common Stock Sale $622,822 -34,814 -1.2% $17.89 2,882,206 16 Sep 2021 by Trust F1, F3
transaction QNST Common Stock Sale $762,952 -42,623 -1.5% $17.90 2,839,583 17 Sep 2021 by Trust F1, F4
holding QNST Common Stock 6,903 16 Sep 2021 by Son F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction QNST Non-Qualified Stock Option (right to buy) Options Exercise $0 -3,776 -100% $0.000000* 0 16 Sep 2021 Common Stock 3,776 $3.63 Direct F6
transaction QNST Non-Qualified Stock Option (right to buy) Options Exercise $0 -4,167 -100% $0.000000* 0 16 Sep 2021 Common Stock 4,167 $4.01 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were effected pursuant to a Rule 10b5-1 trading plan. The plan was implemented to meet long-term estate planning and diversification objectives of the reporting person, and extend over a multi-year period. The shares sold represent less than 3% of the shares beneficially owned by the reporting person as of December 31, 2020
F2 The shares were sold at prices between $17.37 and $18.70. The reporting person will provide upon request to the SEC, the issuer, or security holder of the issuer, full information regarding the number of shares sold at each price.
F3 The shares were sold at prices between $17.42 and $18.70. The reporting person will provide upon request to the SEC, the issuer, or security holder of the issuer, full information regarding the number of shares sold at each price.
F4 The shares were sold at prices between $17.69 and $18.12. The reporting person will provide upon request to the SEC, the issuer, or security holder of the issuer, full information regarding the number of shares sold at each price.
F5 Shares held by Mr. Valenti's children.
F6 The shares of common stock subject to this option are fully vested and exercisable.