Douglas Valenti - May 10, 2023 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, 2023
Transactions value $: -$73,475
Form type: 4
Date filed: 5/12/2023, 04:20 PM
Previous filing: Mar 31, 2023
Next filing: Jul 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QNST	Common Stock	Tax liability	-$15K	-2.16K	-0.52%	$6.95	416K	May 10, 2023	Direct	F1
transaction	QNST	Common Stock	Tax liability	-$13.2K	-1.9K	-0.46%	$6.95	414K	May 10, 2023	Direct	F1
transaction	QNST	Common Stock	Tax liability	-$153	-22	-0.01%	$6.95	414K	May 10, 2023	Direct	F1
transaction	QNST	Common Stock	Tax liability	-$15K	-2.16K	-0.52%	$6.95	412K	May 10, 2023	Direct	F1
transaction	QNST	Common Stock	Tax liability	-$15K	-2.16K	-0.53%	$6.95	409K	May 10, 2023	Direct	F1
transaction	QNST	Common Stock	Tax liability	-$15K	-2.16K	-0.53%	$6.95	407K	May 10, 2023	Direct	F1
holding	QNST	Common Stock						6.9K	May 10, 2023	by Son	F2
holding	QNST	Common Stock						1.76M	May 10, 2023	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.