Filing Details

Accession Number:
0001117297-20-000042
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-07-06 19:57:04
Reporting Period:
2020-07-01
Accepted Time:
2020-07-06 19:57:04
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-07-01 8,333 $3.63 280,338 No 4 M Direct
Common Stock Disposition 2020-07-01 8,333 $10.40 272,005 No 4 S Direct
Common Stock Acquisiton 2020-07-01 4,166 $4.01 276,171 No 4 M Direct
Common Stock Disposition 2020-07-01 4,166 $10.40 272,005 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2020-07-01 8,333 $0.00 8,333 $3.63
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2020-07-01 4,166 $0.00 4,166 $4.01
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
8,168 2023-07-28 No 4 M Direct
27,084 2024-07-26 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 3,411,246 Indirect by Trust
Footnotes
  1. These shares were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2019. The plan was implemented to meet long-term estate planning and diversification objectives of the reporting person, and extend over an approximately one and a half year period. The shares sold represent less than 1% of the shares beneficially owned by the reporting person as of December 31, 2019.
  2. The shares were sold at prices between $10.26 and $10.69. 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.
  3. The shares were sold at prices between $10.26 and $10.66. 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.
  4. Shares held by Mr. Valenti's children.
  5. 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.
  6. 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.