Filing Details

Accession Number:
0001295357-10-000016
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-12-16 16:22:34
Reporting Period:
2010-12-14
Filing Date:
2010-12-16
Accepted Time:
2010-12-16 16:22:34
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1117297 Quinstreet Inc QNST Services-Business Services, Nec (7389) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1258188 Spvc V, Llc 10400 Viking Dr
Ste 550
Eden Prairie MN 55344
No No Yes No
1295357 Split Rock Partners Llc 10400 Viking Dr
Suite 550
Eden Prairie MN 55344
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2010-12-14 5,833 $20.86 99,832 No 4 S Indirect By SPVC Affiliates Fund I, LLC
Common Stock Disposition 2010-12-15 3,704 $20.45 96,128 No 4 S Indirect By SPVC Affiliates Fund I, LLC
Common Stock Disposition 2010-12-16 982 $20.13 95,146 No 4 S Indirect By SPVC Affiliates Fund I, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By SPVC Affiliates Fund I, LLC
No 4 S Indirect By SPVC Affiliates Fund I, LLC
No 4 S Indirect By SPVC Affiliates Fund I, LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 4,361,627 Indirect By SPVC V, LLC
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices between $20.73 and $21.07, inclusive. The reporting person will provide to the SEC Staff, QuinStreet, Inc. or any security holder of QuinStreet, Inc., upon request, full information regarding the number of shares sold at each separate price.
  2. Represents securities held directly by SPVC Affiliates Fund I, LLC, which is jointly managed by Split Rock Partners, LLC and Vesbridge Partners, LLC. Voting and investment power over the shares, however, has been delegated solely to Split Rock Partners, LLC. Split Rock Partners, LLC has delegated voting and investment decisions with respect to the shares to three individuals who require a two-thirds vote to act. Split Rock Partners, LLC disclaims beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein. This report shall not be deemed an admission that any of the reporting persons is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices between $20.12 and $20.75, inclusive. The reporting person will provide to the SEC Staff, QuinStreet, Inc. or any security holder of QuinStreet, Inc., upon request, full information regarding the number of shares sold at each separate price.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices between $20.11 and $20.16, inclusive. The reporting person will provide to the SEC Staff, QuinStreet, Inc. or any security holder of QuinStreet, Inc., upon request, full information regarding the number of shares sold at each separate price.
  5. Represents securities held directly by SPVC V, LLC, which is jointly managed by Split Rock Partners, LLC and Vesbridge Partners, LLC. Voting and investment power over the shares, however, has been delegated solely to Split Rock Partners, LLC. Split Rock Partners, LLC has delegated voting and investment decisions with respect to the shares to three individuals who require a two-thirds vote to act. Split Rock Partners, LLC may be deemed to be an indirect beneficial owner of the reported securities. Split Rock Partners, LLC disclaims any beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein. This report shall not be deemed an admission that any of the reporting persons is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.