ANDREW SHEEHAN - 15 Nov 2023 Form 4 Insider Report for QUINSTREET, INC (QNST)

Role
Director
Signature
By: Gregory Wong For: Andrew T Sheehan
Issuer symbol
QNST
Transactions as of
15 Nov 2023
Transactions value $
-$402,000
Form type
4
Filing time
16 Nov 2023, 17:36:16 UTC
Previous filing
31 Oct 2023
Next filing
13 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNST Common Stock Options Exercise $170K +50K +77.1% $3.40 115K 15 Nov 2023 Direct
transaction QNST Common Stock Sale -$572K -50K -43.54% $11.44 64.8K 15 Nov 2023 Direct F1
holding QNST Common Stock 15.6K 15 Nov 2023 by Partnership F2
holding QNST Common Stock 200 15 Nov 2023 by Trust F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction QNST Non-Qualified Stock Option (right to buy) Options Exercise $0 -50K -100% $0.00* 0 15 Nov 2023 Common Stock 50K $3.40 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were sold at prices between $11.35 to $11.57. 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.
F2 Shares held by a limited partnership of which the reporting person is the managing director of its general partner. The reporting person disclaims beneficial ownership of these shares except as to the reporting person's pecuniary interest therein.
F3 Shares held by a trust of which the reporting person is a trustee. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
F4 The shares of common stock subject to the option vested monthly in equal installments over a period of four years beginning on February 1, 2017. The initial vest date was March 1, 2017.