Gregory Wong - 10 Feb 2023 Form 4 Insider Report for QUINSTREET, INC (QNST)

Role: CFO
Signature: Gregory Wong
Issuer symbol: QNST
Transactions as of: 10 Feb 2023
Transactions value $: -$91,600
Form type: 4
Filing time: 14 Feb 2023, 18:29:57 UTC
Previous filing: 15 Nov 2022
Next filing: 12 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QNST	Common Stock	Tax liability	-$14.8K	-865	-0.32%	$17.16	266K	10 Feb 2023	Direct	F1
transaction	QNST	Common Stock	Tax liability	-$17.8K	-1.04K	-0.39%	$17.16	265K	10 Feb 2023	Direct	F1
transaction	QNST	Common Stock	Tax liability	-$14.9K	-866	-0.33%	$17.16	264K	10 Feb 2023	Direct	F1
transaction	QNST	Common Stock	Tax liability	-$15.4K	-898	-0.34%	$17.16	263K	10 Feb 2023	Direct	F1
transaction	QNST	Common Stock	Tax liability	-$17.5K	-1.02K	-0.39%	$17.16	262K	10 Feb 2023	Direct	F1
transaction	QNST	Common Stock	Tax liability	-$11.1K	-649	-0.25%	$17.16	262K	10 Feb 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.

Content

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.