Filing Details

Accession Number:
0001295357-11-000002
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-02-23 17:20:21
Reporting Period:
2011-02-18
Filing Date:
2011-02-23
Accepted Time:
2011-02-23 17:20:21
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1117297 Quinstreet Inc QNST Services-Business Services, Nec (7389) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1476267 R. James Simons C/O Split Rock Partners
10400 Viking Drive, Suite 550
Eden Prairie MN 55344
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2011-02-18 442 $23.67 92,898 No 4 S Indirect By SPVC Affiliates Fund I, LLC
Common Stock Disposition 2011-02-22 741 $22.54 92,157 No 4 S Indirect By SPVC Affiliates Fund I, LLC
Common Stock Disposition 2011-02-22 15 $23.28 92,142 No 4 S Indirect By SPVC Affiliates Fund I, LLC
Common Stock Disposition 2011-02-23 412 $22.03 91,730 No 4 S Indirect By SPVC Affiliates Fund I, LLC
Common Stock Disposition 2011-02-18 20,258 $23.67 4,258,575 No 4 S Indirect By SPVC V, LLC
Common Stock Disposition 2011-02-22 33,959 $22.54 4,224,616 No 4 S Indirect By SPVC V, LLC
Common Stock Disposition 2011-02-22 685 $23.28 4,223,931 No 4 S Indirect By SPVC V, LLC
Common Stock Disposition 2011-02-23 18,888 $22.03 4,205,043 No 4 S Indirect By SPVC V, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By SPVC Affiliates Fund I, LLC
No 4 S Indirect By SPVC Affiliates Fund I, LLC
No 4 S Indirect By SPVC Affiliates Fund I, LLC
No 4 S Indirect By SPVC Affiliates Fund I, LLC
No 4 S Indirect By SPVC V, LLC
No 4 S Indirect By SPVC V, LLC
No 4 S Indirect By SPVC V, LLC
No 4 S Indirect By SPVC V, LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 18,568 Indirect By James Rexroad Simons Trust
Footnotes
  1. Open market sale pursuant to a Rule 10b5-1 trading plan established on December 16, 2010.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices between $23.44 and $23.87, inclusive. The reporting person will provide to the SEC Staff, QuinStreet, Inc. or any security holder of QuinStreet, Inc., upon request, full information regarding the number of shares sold at each separate price.
  3. 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.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices between $22.09 and $22.81, inclusive. The reporting person will provide to the SEC Staff, QuinStreet, Inc. or any security holder of QuinStreet, Inc., upon request, full information regarding the number of shares sold at each separate price.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices between $23.10 and $23.40, inclusive. The reporting person will provide to the SEC Staff, QuinStreet, Inc. or any security holder of QuinStreet, Inc., upon request, full information regarding the number of shares sold at each separate price.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices between $22.00 and $22.71, inclusive. The reporting person will provide to the SEC Staff, QuinStreet, Inc. or any security holder of QuinStreet, Inc., upon request, full information regarding the number of shares sold at each separate price.
  7. 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.
  8. 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.