Filing Details

Accession Number:
0001117297-20-000104
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-11-12 19:49:11
Reporting Period:
2020-11-10
Accepted Time:
2020-11-12 19:49:11
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2020-11-10 2,727 $17.06 402,725 No 4 F Direct
Common Stock Disposition 2020-11-10 3,099 $17.06 399,626 No 4 F Direct
Common Stock Disposition 2020-11-10 3,099 $17.06 396,527 No 4 F Direct
Common Stock Disposition 2020-11-10 3,099 $17.06 393,428 No 4 F Direct
Common Stock Disposition 2020-11-10 3,099 $17.06 390,329 No 4 F Direct
Common Stock Disposition 2020-11-11 23,896 $17.04 3,253,105 No 4 S Indirect by Trust
Common Stock Disposition 2020-11-12 16,052 $17.05 3,237,053 No 4 S Indirect by Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 F Direct
No 4 F Direct
No 4 F Direct
No 4 F Direct
No 4 S Indirect by Trust
No 4 S Indirect by Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 6,903 Indirect by Son
Footnotes
  1. Exempt transaction pursuant to Section 16b-3 for payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished to the Issuer by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares in this Form 4 for any reason other than to cover required taxes.
  2. 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 five month period. The shares sold represent less than 2% of the shares beneficially owned by the reporting person as of December 31, 2019.
  3. The shares were sold at prices between $16.89 and $17.25. 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.
  4. The shares were sold at prices between $16.91 and $17.33. 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.
  5. Shares held by Mr. Valenti's children.