QUINSTREET, INC — Director's Dealing 2010

Dec 3, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUINSTREET, INC (QNST)
CIK: 0001117297
Period of Report: 2010-12-01

Reporting Person: Cheli Tom (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-01	Common Stock	M	61344	$6.38	Acquired	68334	Direct
2010-12-01	Common Stock	S	61344	$19.9592	Disposed	6990	Direct
2010-12-01	Common Stock	M	48656	$7.74	Acquired	55646	Direct
2010-12-01	Common Stock	S	48656	$19.9592	Disposed	6990	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-01	Non-Qualified Stock Option (right to buy)	$6.38	M	61344	Disposed	2015-05-19	Common Stock (61344)	Direct
2010-12-01	Non-Qualified Stock Option (right to buy)	$7.74	M	48656	Disposed	2015-09-22	Common Stock (48656)	Direct

Footnotes

F1: These shares were sold pursuant to Mr. Cheli's 10b5-1 Plan established on May 14, 2010.

F2: The shares were sold at prices between $19.88 and $20.00. 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.

F3: The shares subject to this option are fully vested and exercisable.