SMITH HILLARY B 4
4 · QUINSTREET, INC · Filed Feb 15, 2024
Insider Transaction Report
Form 4
QUINSTREET, INCQNST
SMITH HILLARY B
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2024-02-13+2,080→ 2,080 totalExercise: $15.01Exp: 2031-02-13→ Common Stock (2,080 underlying)
Footnotes (2)
- [F1]The shares of common stock subject to this option are fully vested and exercisable.
- [F2]Ms. Smith elected to receive options in lieu of cash compensation as consideration for her service as a member of QuinStreet, Inc.'s (the "Company") board of directors and a member of the Company's Compensation Committee for the quarter ended December 31, 2023. The number of options granted was determined by dividing the cash compensation otherwise payable with respect to the quarter by the Black-Scholes value of a single option calculated as of the date of grant. The election is available to independent directors, is made annually and applies to the entire fiscal year.