Form Type: 4

SEC EDGAR Link
Accession Number:0001117297-20-000055
Date:2020-08-03
Issuer: QUINSTREET, INC (QNST)
Original Submission Date:

Reporting Person:

VALENTI DOUGLAS
950 TOWER LANE, 6TH FLOOR
FOSTER CITY, CA 94404

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-08-03 M 2,084 a $4.01 462,089 direct
COMMON STOCK 2020-08-03 S 2,084 d $11.74 460,005 direct
COMMON STOCK 2020-08-03 M 4,167 a $3.63 464,172 direct
COMMON STOCK 2020-08-03 S 4,167 d $11.73 460,005 direct
COMMON STOCK 2020-08-03 0 $0.00 6,903 indirect f4
COMMON STOCK 2020-08-03 0 $0.00 3,411,246 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 3.63 2020-08-03 deemed execution date M 4,167 (d) 2023-07-28 common stock 4,167 $3.63 4,001 direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 4.01 2020-08-03 deemed execution date M 2,084 (d) 2024-07-26 common stock 2,084 $4.01 25,000 direct
Footnotes
IDfootnote
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 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 $11.46 and $11.90. 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 $11.45 and $11.90. 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 shares held by mr. valenti's children.
f5 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.
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 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.
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