QUINSTREET, INC — Director's Dealing 2020

Jan 15, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUINSTREET, INC (QNST)
CIK: 0001117297
Period of Report: 2020-01-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-10	Common Stock	M	303	$4.01	Acquired	319053	Direct
2020-01-10	Common Stock	S	303	$14.4939	Disposed	318750	Direct
2020-01-10	Common Stock	M	2101	$3.63	Acquired	320851	Direct
2020-01-10	Common Stock	S	2101	$14.4915	Disposed	318750	Direct
2020-01-13	Common Stock	M	4663	$3.63	Acquired	323413	Direct
2020-01-13	Common Stock	S	4663	$14.5851	Disposed	318750	Direct
2020-01-14	Common Stock	M	2900	$3.63	Acquired	321650	Direct
2020-01-14	Common Stock	S	2900	$14.6229	Disposed	318750	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-10	Non-Qualified Stock Option (right to buy)	$3.63	M	2101	Disposed	2023-07-28	Common Stock (2101)	Direct
2020-01-13	Non-Qualified Stock Option (right to buy)	$3.63	M	4663	Disposed	2023-07-28	Common Stock (4663)	Direct
2020-01-14	Non-Qualified Stock Option (right to buy)	$3.63	M	2900	Disposed	2023-07-28	Common Stock (2900)	Direct
2020-01-10	Non-Qualified Stock Option (right to buy)	$4.01	M	303	Disposed	2024-07-26	Common Stock (303)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6903	Indirect
Common Stock	3891772	Indirect

Footnotes

F1: 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.

F2: The shares were sold at prices between $14.40 and $14.73. 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 were sold at prices between $14.44 and $14.74. 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 $14.51 and $14.74. 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.

F6: 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.

F7: 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.