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QNST QuinStreet Inc

18.74
0.00 (0.00%)
Pre Market
Last Updated: 09:09:45
Delayed by 15 minutes
Share Name Share Symbol Market Type
QuinStreet Inc NASDAQ:QNST NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 18.74 16.50 19.76 0 09:09:45

Statement of Changes in Beneficial Ownership (4)

23/12/2019 11:01pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Valenti Douglas
2. Issuer Name and Ticker or Trading Symbol

QUINSTREET, INC [ QNST ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Executive Officer
(Last)          (First)          (Middle)

950 TOWER LANE, 6TH FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)

12/19/2019
(Street)

FOSTER CITY, CA 94404
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/17/2019  G  V 32500 (1)D$0.0 4041772 I by Trust 
Common Stock 12/19/2019  S  37788 (2)D$15.51 (3)4003984 I by Trust 
Common Stock 12/20/2019  S  39010 (2)D$15.52 (4)3964974 I by Trust 
Common Stock 12/23/2019  S  24992 (2)D$15.51 (5)3939982 I by Trust 
Common Stock         318750 D  
Common Stock         6903 I by Son (6)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) This transaction represents a transfer of shares that were beneficially owned by the reporting person for the purposes of a donation to Georgia Tech Foundation, Inc. in order to fund scholarships and not a sale of securities.
(2) These shares were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 22, 2019. The plan was implemented to meet long-term estate planning and diversification objectives of the reporting person, and extend over an approximately three and a half year period. The shares sold represent less than 3% of the shares beneficially owned by the reporting person as of December 31, 2018.
(3) The shares were sold at prices between $15.43 and $15.64. 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.
(4) The shares were sold at prices between $15.43 and $15.60. 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.
(5) The shares were sold at prices between $15.36 and $15.61. 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.
(6) Shares held by Mr. Valenti's children.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Valenti Douglas
950 TOWER LANE, 6TH FLOOR
FOSTER CITY, CA 94404
X
Chief Executive Officer

Signatures
By: Gregory Wong For: Douglas Valenti12/23/2019
**Signature of Reporting PersonDate

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