QUINSTREET, INC — Director's Dealing 2023

Jul 26, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUINSTREET, INC (QNST)
CIK: 0001117297
Period of Report: 2023-07-21

Reporting Person: Wong Gregory (CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-21	Common Stock	M	70000	$3.63	Acquired	326884	Direct
2023-07-21	Common Stock	S	70000	$9.01	Disposed	256884	Direct
2023-07-21	Common Stock	M	30000	$3.63	Acquired	286884	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-07-21	Non-Qualified Stock Option (right to buy)	$3.63	M	70000	Disposed	2023-07-28	Common Stock (70000)	Direct
2023-07-21	Non-Qualified Stock Option (right to buy)	$3.63	M	30000	Disposed	2023-07-28	Common Stock (30000)	Direct

Footnotes

F1: These shares were sold pursuant to Mr. Wong's 10b5-1 Plan established on March 9, 2023, and were sold solely to cover the exercise price of the stock options and to satisfy the reporting person's tax obligation arising from the exercise of the stock options.

F2: The shares were sold at prices between $8.84 to $9.21. 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 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 reminder of the option vested in equal monthly installments over 36 months thereafter. The initial vest date was July 29, 2017 and the final vest date was July 29, 2020.