Douglas Valenti - Sep 16, 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
Sep 16, 2021
Transactions value $
-$1,497,776
Form type
4
Date filed
9/20/2021, 07:15 PM
Previous filing
Aug 12, 2021
Next filing
Sep 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNST Common Stock Options Exercise $13.7K +3.78K +0.87% $3.63 438K Sep 16, 2021 Direct
transaction QNST Common Stock Sale -$67.7K -3.78K -0.86% $17.93 435K Sep 16, 2021 Direct F1, F2
transaction QNST Common Stock Options Exercise $16.7K +4.17K +0.96% $4.01 439K Sep 16, 2021 Direct
transaction QNST Common Stock Sale -$74.7K -4.17K -0.95% $17.93 435K Sep 16, 2021 Direct F1, F2
transaction QNST Common Stock Sale -$623K -34.8K -1.19% $17.89 2.88M Sep 16, 2021 by Trust F1, F3
transaction QNST Common Stock Sale -$763K -42.6K -1.48% $17.90 2.84M Sep 17, 2021 by Trust F1, F4
holding QNST Common Stock 6.9K Sep 16, 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 -3.78K -100% $0.00* 0 Sep 16, 2021 Common Stock 3.78K $3.63 Direct F6
transaction QNST Non-Qualified Stock Option (right to buy) Options Exercise $0 -4.17K -100% $0.00* 0 Sep 16, 2021 Common Stock 4.17K $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.