Douglas Valenti - Jul 30, 2024 Form 4 Insider Report for QUINSTREET, INC (QNST)

Signature
By: Gregory Wong For: Douglas Valenti
Stock symbol
QNST
Transactions as of
Jul 30, 2024
Transactions value $
$0
Form type
4
Date filed
8/1/2024, 07:21 PM
Previous filing
Aug 9, 2024
Next filing
Aug 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNST Common Stock Award $0 +190K +43.88% $0.00 623K Jul 30, 2024 Direct F1
transaction QNST Common Stock Award $0 +380K +60.99% $0.00 1M Jul 30, 2024 Direct F2
holding QNST Common Stock 6.9K Jul 30, 2024 by Son F3
holding QNST Common Stock 1.86M Jul 30, 2024 by Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock that are issuable pursuant to a Restricted Stock Unit (RSU) award. The vesting commencement date of the RSU award is August 10, 2024 and it vests 25% after one year and quarterly thereafter in equal installments over a period of 3 years. The initial vest date will be August 10, 2025 and the final vest date will be August 10, 2028.
F2 Represents shares of common stock that are issuable pursuant to a Performance-based Restricted Stock Unit (PSU) award, previously granted on July 25, 2023, and earned from performance based on the achievement of certain performance metrics during the fiscal year ended June 30, 2024, as determined on July 30, 2024. 25% of the PSUs vest on August 10, 2024, and the remaining PSUs vest quarterly thereafter over a period of 3 years.
F3 Shares held by Mr. Valenti's children.