Gregory Wong - 26 Jul 2021 Form 4 Insider Report for QUINSTREET, INC (QNST)

Role
CFO
Signature
Gregory Wong
Issuer symbol
QNST
Transactions as of
26 Jul 2021
Transactions value $
$0
Form type
4
Filing time
28 Jul 2021, 12:50:35 UTC
Previous filing
19 May 2021
Next filing
12 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNST Common Stock Award $0 +40K +25.62% $0.00 196K 26 Jul 2021 Direct F1
transaction QNST Common Stock Award $0 +41K +20.9% $0.00 237K 26 Jul 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 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, 2021 and it vests 25% after one year and quarterly thereafter in equal installments over a period of 3 years. The initial vest date will be August 10, 2022 and the final vest date will be August 10, 2025.
F2 Represents shares of common stock issuable pursuant to a Performance-based Restricted Stock Unit (PSU) award, previously granted on July 29, 2020, and earned from performance based on the achievement of certain performance metrics during the fiscal year ended June 30, 2021, as determined on July 26, 2021. 25% of the PSUs vest on August 10, 2021, and the remaining PSUs vest quarterly thereafter over a period of 3 years.