SEC Form 4 · accession 0001117297-18-000049

QUINSTREET, INC · QNST

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Executive Officer · Director

Period of report

Aug 10, 2018

Accepted (ET)

Aug 14, 2018 · 7:12 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 Stock^F2	Aug 10, 2018	F	130	$13.60	D	324,316	D
Common Stock	Aug 10, 2018	F	2,603	$13.60	D	321,713	D
Common Stock	Aug 10, 2018	F	1,591	$13.60	D	320,122	D
Common Stock	Aug 10, 2018	F	4,649	$13.60	D	315,473	D
Common Stock^F3	Aug 10, 2018	M	5,250	$0.00	A	320,723	D
Common Stock	Aug 10, 2018	F	6,198	$13.60	D	314,525	D
Common Stock	Aug 10, 2018	F	12,395	$13.60	D	302,130	D
Common Stock	Aug 10, 2018	F	27,130	$13.60	D	275,000	D
Common Stock^F4	holding	—	—		—	6,903	I	by Son
Common Stock	holding	—	—		—	3,979,218	I	by Trust

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance Shares^F5	$0.00	Aug 10, 2018	M	5,250	D	—	—	Common Stock	5,250	21,000	D

F1Exempt 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.
F2Reflects shares transferred to The Valenti Living Trust from the reporting person's direct holdings.
F3Represents shares of common stock earned pursuant to the performance RSU award granted on July 25, 2015 resulting from the achievement of the target stock price on November 24, 2017.
F4Shares held by Mr. Valenti's children.
F5Represents shares of common stock that are issuable pursuant to a performance RSU award with a grant date of July 25, 2015. Subject to the achievement of a target stock price (the "performance condition") prior to the expiration date of August 10, 2019, 25% of the RSUs vest on August 10, 2016, and the remaining RSUs vest quarterly thereafter over a period of 3 years, but in no event will vesting occur earlier than the date the performance condition is met.