Form 4 for QNST QUINSTREET, INC
Accepted 2023-07-25 00:00:00 ET · period of report 2023-07-21 · accession 0001117297-23-000030 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-07-25 | 2023-07-21 | QNST | Wong Gregory | CFO | M - OptEx | $3.63 | +100.0K | 286.9K | +54% | +$363.0K |
| D | 2023-07-25 | 2023-07-21 | QNST | Wong Gregory | CFO | S - Sale+OE | $9.01 | -70.0K | 256.9K | -21% | -$630.7K |
| DM | 2023-07-25 | 2023-07-21 | QNST | Wong Gregory | CFO | M - OptEx | $0.00 | -100.0K | 30.0K | -77% | $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 | 2023-07-21 | M | A | 70,000 | $3.63 | 326,884 | D | — | — | |
| 2 | Common | Common Stock | 2023-07-21 | M | A | 30,000 | $3.63 | 286,884 | D | — | — | |
| 3 | Common | Common Stock | 2023-07-21 | S | D | 70,000 | $9.01 | 256,884 | D | — | — | (F1) These shares were sold pursuant to Mr. Wong's 10b5-1 Plan established on March 9, 2023, and were sold solely to cover the exercise price of the stock options and to satisfy the reporting person's tax obligation arising from the exercise of the stock options. (F2) The shares were sold at prices between $8.84 to $9.21. 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 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-07-21 | M | D | 30,000 | $0.00 | 0 | D | $3.63 · — to 2023-07-28 | 30,000 Common Stock | (F3) The option vested and became exercisable at a rate of 25% of the option on the first anniversary of the vesting commencement date, July 29, 2016, and the reminder of the option vested in equal monthly installments over 36 months thereafter. The initial vest date was July 29, 2017 and the final vest date was July 29, 2020. |
| 5 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-07-21 | M | D | 70,000 | $0.00 | 30,000 | D | $3.63 · — to 2023-07-28 | 70,000 Common Stock | (F3) The option vested and became exercisable at a rate of 25% of the option on the first anniversary of the vesting commencement date, July 29, 2016, and the reminder of the option vested in equal monthly installments over 36 months thereafter. The initial vest date was July 29, 2017 and the final vest date was July 29, 2020. |