Home > Insider Trading > Filing (0001117297-20-000026)

Filing Details

Accession Number:: 0001117297-20-000026
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-03-04 19:59:38
Reporting Period:: 2020-03-02

Accepted Time:: 2020-03-04 19:59:38
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
1478988	Douglas Valenti	950 Tower Lane, 6Th Floor Foster City CA 94404	Chief Executive Officer	Yes	Yes	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	Acquisiton	2020-03-02	4,167	$4.01	291,667	No	4	M	Direct
Common Stock	Disposition	2020-03-02	4,167	$12.56	287,500	No	4	S	Direct
Common Stock	Acquisiton	2020-03-02	8,333	$3.63	295,833	No	4	M	Direct
Common Stock	Disposition	2020-03-02	8,333	$12.56	287,500	No	4	S	Direct
Common Stock	Disposition	2020-03-02	22,900	$12.56	3,638,346	No	4	S	Indirect	by Trust
Common Stock	Disposition	2020-03-03	57,800	$12.42	3,580,546	No	4	S	Indirect	by Trust
Common Stock	Disposition	2020-03-04	41,900	$12.19	3,538,646	No	4	S	Indirect	by Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Indirect	by Trust
No	4	S	Indirect	by Trust
No	4	S	Indirect	by Trust

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2020-03-02	8,333	$0.00	8,333	$3.63
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2020-03-02	4,167	$0.00	4,167	$4.01

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
24,835		2023-07-28	No	4	M	Direct
35,417		2024-07-26	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	6,903	Indirect	by Son

Footnotes

These shares were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2019. 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.
The shares were sold at prices between $12.38 to $13.01. 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.
These shares were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2019. The plan was implemented to meet long-term estate planning and diversification objectives of the reporting person, and extend over an approximately three month period. The shares sold represent less than 4% of the shares beneficially owned by the reporting person as of December 31, 2019.
The shares were sold at prices between $12.18 to $12.71. 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.
The shares were sold at prices between $11.95 to $12.53. 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.
Shares held by Mr. Valenti's children.
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.
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.