Home > Insider Trading > Filing (0001235802-18-000139)

Filing Details

Accession Number:: 0001235802-18-000139
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2018-08-27 17:04:29
Reporting Period:: 2018-08-23

Accepted Time:: 2018-08-27 17:04:29
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1117297	Quinstreet Inc	QNST	Services-Business Services, Nec (7389)	770512121

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1476267	R. James Simons	950 Tower Lane, 6Th Floor Foster City CA 94404		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2018-08-23	4,597	$15.46	27,009	No	4	S	Direct
Common Stock	Disposition	2018-08-23	5,044	$15.46	15,266	No	4	S	Indirect	SPVC Affiliates Fund
Common Stock	Disposition	2018-08-23	234,087	$15.46	668,101	No	4	S	Indirect	SPVC V, LLC
Common Stock	Disposition	2018-08-24	5,233	$16.12	21,776	No	4	S	Direct
Common Stock	Disposition	2018-08-24	5,741	$16.12	9,525	No	4	S	Indirect	SPVC Affiliates Fund
Common Stock	Disposition	2018-08-24	266,465	$16.12	401,636	No	4	S	Indirect	SPVC V, LLC
Common Stock	Disposition	2018-08-27	1,586	$16.04	20,190	No	4	S	Direct
Common Stock	Disposition	2018-08-27	1,740	$16.04	7,785	No	4	S	Indirect	SPVC Affiliates Fund
Common Stock	Disposition	2018-08-27	80,774	$16.04	320,862	No	4	S	Indirect	SPVC V, LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Indirect	SPVC Affiliates Fund
No	4	S	Indirect	SPVC V, LLC
No	4	S	Direct
No	4	S	Indirect	SPVC Affiliates Fund
No	4	S	Indirect	SPVC V, LLC
No	4	S	Direct
No	4	S	Indirect	SPVC Affiliates Fund
No	4	S	Indirect	SPVC V, LLC

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	34,841	Indirect	By Trust

Footnotes

These shares were sold under a pre-arranged sales instruction pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.82, inclusive. The reporting person undertakes to provide to Quinstreet, Inc., any security holder of Quinstreet, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.
Includes 13,888 shares of common stock that are issuable pursuant to a Restricted Stock Unit (RSU) award. The vesting commencement date of the RSU award is November 10, 2017 and it vests daily over one year.
Pursuant to a letter agreement with SPVC V, LLC, the reporting person holds this security for the sole benefit of SPVC V, LLC.
Represents securities held directly by SPVC Affiliates Fund I, LLC, which is jointly managed by Split Rock Partners, LLC and Vesbridge Partners, LLC. Voting and investment power over the shares, however, has been delegated solely to Split Rock Partners, LLC. Split Rock Partners, LLC has delegated voting and investment decisions with respect to the shares to three individuals (one of whom is the reporting person) who require a two-thirds vote to act. The reporting person disclaims beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
Represents securities held directly by SPVC V, LLC, which is jointly managed by Split Rock Partners, LLC and Vesbridge Partners, LLC. Voting and investment power over the shares, however, has been delegated solely to Split Rock Partners, LLC. Split Rock Partners, LLC has delegated voting and investment decisions with respect to the shares to three individuals (one of whom is the reporting person) who require a two-thirds vote to act. The reporting person disclaims beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.75 to $16.42, inclusive. The reporting person undertakes to provide to Quinstreet, Inc., any security holder of Quinstreet, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (7) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.84 to $16.33, inclusive. The reporting person undertakes to provide to Quinstreet, Inc., any security holder of Quinstreet, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (8) to this Form 4.
Represents securities held directly by the James Rexroad Simons Trust, which the reporting person is the trustee. The reporting person disclaims beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.