SEC Form 4 · accession 0001117297-16-000072
QUINSTREET, INC · QNST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Wong
Officer — CFO
Period of report
Jul 29, 2016
Accepted (ET)
Aug 2, 2016 · 8:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001117297
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 29, 2016 | A | 100,000 | $0.00 | A | 224,301 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2 | $3.63 | Jul 29, 2016 | A | 100,000 | A | — | Jul 28, 2023 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1Represents shares of common stock that are issuable pursuant to a Restricted Stock Unit (RSU) award. The vesting commencement date of the RSU award is August 10, 2016 and it vests 25% after one year and quarterly thereafter in equal installments over a period of 3 years. The initial vest date is August 10, 2017 and the final vest date is August 10, 2020.
- F2The shares of common stock subject to the option vest and 25% of the shares underlying the option become exercisable on the first anniversary of the vesting commencement date, July 29, 2016, and the remainder of the shares underlying the option vest in equal monthly installments over 36 months thereafter. The initial vest date is July 29, 2017 and the final vest date is July 29, 2020.