Accession Number: | 0001117297-20-000022 |
Date: | 2020-02-12 |
Issuer: | QUINSTREET, INC (QNST) |
Original Submission Date: |
SANDS GREGORY P
950 TOWER LANE, 6TH FLOOR
FOSTER CITY, CA 94404
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) | 15.14 | 2020-02-12 | deemed execution date | A | 2,431 (a) | 2027-02-12 | common stock 2,431 | $15.14 | 2,431 | direct |
ID | footnote |
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f1 | the shares of common stock subject to this option are fully vested and exercisable. |
f2 | mr. sands elected to receive options in lieu of cash compensation as consideration for his service as a member of quinstreet, inc.'s (the "company") board of directors and a member of the company's nominating and corporate governance and compensation committees for the quarter ended december 31, 2019. the number of options granted was determined by dividing the cash compensation otherwise payable with respect to the quarter by the black-scholes value of a single option calculated as of the date of grant. the election is available to independent directors, is made annually and applies to the entire fiscal year. |