QUINSTREET, INC — Director's Dealing 2011

Jan 5, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUINSTREET, INC (QNST)
CIK: 0001117297
Period of Report: 2011-01-03

Reporting Person: Cheli Tom (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-03	Common Stock	M	46785	$7.74	Acquired	46786	Direct
2011-01-03	Common Stock	S	46785	$19.5086	Disposed	1	Direct
2011-01-04	Common Stock	M	3215	$7.74	Acquired	3216	Direct
2011-01-04	Common Stock	S	3215	$19.5	Disposed	1	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-03	Non-Qualified Stock Option (right to buy)	$7.74	M	46785	Disposed	2015-09-22	Common Stock (46785)	Direct
2011-01-04	Non-Qualified Stock Option (right to buy)	$7.74	M	3215	Disposed	2015-09-22	Common Stock (3215)	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 $19.50 and $19.51. 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.