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Filing Details

Accession Number:: 0001117297-19-000029
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-06-14 16:29:36
Reporting Period:: 2019-06-12

Accepted Time:: 2019-06-14 16:29:36
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1117297	Quinstreet Inc	QNST	Services-Business Services, Nec (7389)	770512121

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1478988	Douglas Valenti	950 Tower Lane, 6Th Floor Foster City CA 94404	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2019-06-12	13,750	$9.55	232,500	No	4	M	Direct
Common Stock	Disposition	2019-06-12	13,750	$16.09	218,750	No	4	S	Direct
Common Stock	Acquisiton	2019-06-12	6,249	$4.01	224,999	No	4	M	Direct
Common Stock	Disposition	2019-06-12	6,249	$16.09	218,750	No	4	S	Direct
Common Stock	Acquisiton	2019-06-12	12,501	$3.63	231,251	No	4	M	Direct
Common Stock	Disposition	2019-06-12	12,501	$16.09	218,750	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2019-06-12	12,501	$0.00	12,501	$3.63
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2019-06-12	6,249	$0.00	6,249	$4.01
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2019-06-12	13,750	$0.00	13,750	$9.55

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
93,664	2023-07-28	No	4	M	Direct
68,334	2024-07-26	No	4	M	Direct
34,487	2020-07-24	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	6,903	Indirect	by Son
Common Stock	4,021,209	Indirect	by Trust

Footnotes

These shares were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2017 (the "Options Plan"). The Options Plan was implemented to meet long-term estate planning and diversification objectives of the reporting person, and extend over an approximately two year period. The shares sold represent less than 1% of the shares beneficially owned by the reporting person as of December 31, 2018.
The shares were sold at prices between $15.98 and $16.20. 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.
Shares held by Mr. Valenti's children.
The option vested and became exercisable at a rate of 25% of the option on the first anniversary of the vesting commencement date, July 29, 2016, and the remainder of the option vest in equal monthly installments over 36 months thereafter. The initial vest date was July 29, 2017 and the final vest date is July 29, 2020.
The option vested and became exercisable at a rate of 25% of the option on the first anniversary of the vesting commencement date, July 27, 2017, and the remainder of the option vest in equal monthly installments over 36 months thereafter. The initial vest date was July 27, 2018 and the final vest date is July 27, 2021.
The option vested and became exercisable at a rate of 25% of the option on the first anniversary of the vesting commencement date, July 25, 2013, and the remainder of the option vested in equal monthly installments over 36 months thereafter. The initial vest date was July 25, 2014 and the final vest date was July 25, 2017.