Form 4 for QNST QUINSTREET, INC
Accepted 2022-02-11 00:00:00 ET · period of report 2021-09-16 · accession 0000950103-22-002428 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-02-11 | 2021-09-16 | QNST | Valenti Douglas | CEO, Dir | S - Sale | $18.07 | -2,083 | 373.7K | -0.6% | -$37.6K | |
| M | 2022-02-11 | 2021-08-10+ | QNST | Valenti Douglas | CEO, Dir | G - Gift | $0.00 | -57.0K | 375.8K | -13% | $0 |
| MI | 2022-02-11 | 2021-07-27+ | QNST | Valenti Douglas | CEO, Dir | G - Gift | $0.00 | -749.0K | 2.66M | -22% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-09-16 | S | D | 2,083 | $18.07 | 373,695 | D by Trust | — | — | (F1) These sales were effected pursuant to a Rule 10b5-1 trading plan. The plan was implemented to meet long-term estate planning and diversification objectives of the reporting person, and extend over a multi-year period. The shares sold represent less than 1% of the shares beneficially owned by the reporting person as of December 31, 2021. (F2) The shares were sold at prices between $17.44 and $18.56. 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. |
| 2 | Common | Common Stock | 2021-10-07 | G | A | 2,083 | $0.00 | 375,778 | D by Trust | — | — | |
| 3 | Common | Common Stock | 2021-11-10 | G | D | 18,528 | $0.00 | 357,250 | D by Trust | — | — | |
| 4 | Common | Common Stock | 2021-11-19 | G | D | 2,000 | $0.00 | 1,867,985 | I | — | — | (F6) This transaction represents a transfer of shares that were beneficially owned by the reporting person for the purposes of a donation to a charity and not a sale of securities. |
| 5 | Common | Common Stock | 2021-07-27 | G | D | 638,344 | $0.00 | 2,019,263 | I by Trust | — | — | (F4) The reporting person transferred shares of common stock to four of his five sons in equal proportion and to each in their individual capacity. This transaction represents a transfer of shares that were beneficially owned by the reporting person for the purposes of estate planning and not a sale of securities. |
| 6 | Common | Common Stock | 2021-09-01 | G | D | 165,723 | $0.00 | 1,853,540 | I | — | — | (F5) The reporting person transferred shares of common stock to an irrevocable trust of which the reporting person is the sole trustee and one of his five sons is the sole beneficiary. This transaction represents a transfer of shares that were beneficially owned by the reporting person for the purposes of estate planning and not a sale of securities. |
| 7 | Common | Common Stock | 2021-10-07 | G | D | 2,083 | $0.00 | 1,851,457 | I | — | — | |
| 8 | Common | Common Stock | 2021-11-10 | G | A | 18,528 | $0.00 | 1,869,985 | I | — | — | (F3) Reflects shares transferred to The Valenti Living Trust from the reporting person's direct holdings. |
| 9 | Common | Common Stock | 2021-08-10 | G | D | 40,587 | $0.00 | 375,778 | D by Trust | — | — | |
| 10 | Common | Common Stock | 2021-08-10 | G | A | 40,587 | $0.00 | 2,657,607 | I by Trust | — | — | (F3) Reflects shares transferred to The Valenti Living Trust from the reporting person's direct holdings. |