QUINSTREET, INC — Director's Dealing 2020

Nov 13, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUINSTREET, INC (QNST)
CIK: 0001117297
Period of Report: 2020-11-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-10	Common Stock	F	2727	$17.06	Disposed	402725	Direct
2020-11-10	Common Stock	F	3099	$17.06	Disposed	399626	Direct
2020-11-10	Common Stock	F	3099	$17.06	Disposed	396527	Direct
2020-11-10	Common Stock	F	3099	$17.06	Disposed	393428	Direct
2020-11-10	Common Stock	F	3099	$17.06	Disposed	390329	Direct
2020-11-11	Common Stock	S	23896	$17.04	Disposed	3253105	Indirect
2020-11-12	Common Stock	S	16052	$17.05	Disposed	3237053	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6903	Indirect

Footnotes

F1: Exempt transaction pursuant to Section 16b-3 for payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished to the Issuer by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares in this Form 4 for any reason other than to cover required taxes.

F2: These shares were effected pursuant to a Rule 10b5-1 trading plan. The plan was implemented to meet long-term estate planning and diversification objectives of the reporting person, and extend over an approximately five month period. The shares sold represent less than 2% of the shares beneficially owned by the reporting person as of December 31, 2019.

F3: The shares were sold at prices between $16.89 and $17.25. 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.

F4: The shares were sold at prices between $16.91 and $17.33. 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.

F5: Shares held by Mr. Valenti's children.