Gregory Wong - 15 Dec 2023 Form 4 Insider Report for QUINSTREET, INC (QNST)

Role
CFO
Signature
Gregory Wong
Issuer symbol
QNST
Transactions as of
15 Dec 2023
Net transactions value
-$424,822
Form type
4
Filing time
19 Dec 2023, 13:43:14 UTC
Previous filing
14 Nov 2023
Next filing
13 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNST Common Stock Sale $332,365 -25,865 -7.6% $12.85 316,261 15 Dec 2023 Direct F1
transaction QNST Common Stock Sale $92,456 -7,145 -2.3% $12.94 309,116 18 Dec 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The shares were sold at prices between $12.57 to $13.10. 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.
F2 The shares were sold at prices between $12.83 to $13.11. 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.