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QUINSTREET, INC — Director's Dealing 2021
Jun 3, 2021
32314_dirs_2021-06-03_e838ebd6-8b2d-4a2d-abc5-dc1a772db9f7.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: 2021-06-01
Reporting Person: Valenti Douglas (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-06-01 | Common Stock | M | 2083 | $4.01 | Acquired | 366602 | Direct |
| 2021-06-01 | Common Stock | S | 2083 | $18.22 | Disposed | 364519 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-06-01 | Non-Qualified Stock Option (right to buy) | $4.01 | M | 2083 | Disposed | 2024-07-26 | Common Stock (2083) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 6903 | Indirect |
| Common Stock | 2827001 | Indirect |
Footnotes
F1: 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 a multi-year period. The shares sold represent less than 1% of the shares beneficially owned by the reporting person as of December 31, 2020.
F2: The shares were sold at prices between $18.06 and $18.43. 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: Shares held by Mr. Valenti's children.
F4: 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.