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QUINSTREET, INC Director's Dealing 2018

Sep 15, 2018

32314_dirs_2018-09-14_b485cd2f-6502-441e-a97b-afed1515478f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUINSTREET, INC (QNST)
CIK: 0001117297
Period of Report: 2018-09-12

Reporting Person: Valenti Douglas (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-09-12 Common Stock M 12919 $4.01 Acquired 287919 Direct
2018-09-12 Common Stock S 12919 $14.36 Disposed 275000 Direct
2018-09-12 Common Stock M 12900 $9.55 Acquired 287900 Direct
2018-09-12 Common Stock S 12900 $14.34 Disposed 275000 Direct
2018-09-12 Common Stock M 12501 $3.63 Acquired 287501 Direct
2018-09-12 Common Stock S 12501 $14.33 Disposed 275000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-09-12 Non-Qualified Stock Option (right to buy) $3.63 M 12501 Disposed 2023-07-28 Common Stock (12501) Direct
2018-09-12 Non-Qualified Stock Option (right to buy) $4.01 M 12919 Disposed 2024-07-26 Common Stock (12919) Direct
2018-09-12 Non-Qualified Stock Option (right to buy) $9.55 M 12900 Disposed 2020-07-24 Common Stock (12900) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 6903 Indirect
Common Stock 3979218 Indirect

Footnotes

F1: 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, 2017.

F2: The shares were sold at prices between $14.17 and $14.83. The reporting person will provide upon request to the SEC, the issuer, or security holder of the issuer, full informaiton regarding the number of shares sold at each price.

F3: The shares were sold at prices between $14.16 and $14.83. The reporting person will provide upon request to the SEC, the issuer, or security holder of the issuer, full informaiton regarding the number of shares sold at each price.

F4: Shares held by Mr. Valenti's children.

F5: The shares of common stock subject to the option vest and 25% of the shares underlying the option become exercisable on the first anniversary of the vesting commencement date, July 29, 2016, and the remainder of the shares underlying the option vest in equal monthly installments over 36 months thereafter. The initial vest date is July 29, 2017 and the final vest date is July 29, 2020.

F6: The shares of common stock subject to the option vest and become exercisable at a rate of 25% of the shares underlying the option on the first anniversary of the vesting commencement date, July 27, 2017, and the remainder of the shares underlying the option vest in equal monthly installments over 36 months thereafter. The initial vest date is July 27, 2018 and the final vest date is July 27, 2021.

F7: The shares of common stock subject to the option vest and become exercisable at a rate of 25% of the shares underlying the option on the first anniversary of the vesting commencement date, July 25, 2013, and the remainder of the shares underlying the option vest in equal monthly installments over 36 months thereafter. The initial vest date is July 25, 2014 and the final vest date is July 25, 2017.