Hillary Smith - Nov 8, 2023 Form 4 Insider Report for QUINSTREET, INC (QNST)

Role
Director
Signature
By: Gregory Wong For: Hillary Smith
Stock symbol
QNST
Transactions as of
Nov 8, 2023
Transactions value $
$0
Form type
4
Date filed
11/13/2023, 07:57 PM
Previous filing
Oct 31, 2023
Next filing
Feb 15, 2024

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) Award $0 +2.82K $0.00 2.82K Nov 8, 2023 Common Stock 2.82K $10.72 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of common stock subject to this option are fully vested and exercisable.
F2 Ms. Smith elected to receive options in lieu of cash compensation as consideration for her service as a member of QuinStreet, Inc.'s (the "Company") board of directors and a member of the Company's Compensation Committee for the quarter ended September 30, 2023. The number of options granted was determined by dividing the cash compensation otherwise payable with respect to the quarter by the Black-Scholes value of a single option calculated as of the date of grant. The election is available to independent directors, is made annually and applies to the entire fiscal year.