X0306 4 2017-11-10 0 0001117297 QUINSTREET, INC QNST 0001201719 SANDS GREGORY P 950 TOWER LANE, 6TH FLOOR FOSTER CITY CA 94404 1 0 0 0 Non-Qualified Stock Option (right to buy) 8.85 2017-11-10 4 A 0 4759 0.00 A 2024-11-09 Common Stock 4759 4759 D The shares of common stock subject to this option are fully vested and exercisable. Mr. Sands elected to receive options in lieu of cash compensation as consideration for his service as a member of QuinStreet, Inc.'s (the "Company") board of directors and a member of the Company's Nominating and Corporate Governance and Compensation Committees for the quarter ended September 30, 2017. 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. By: Gregory Wong For: Gregory Sands 2017-11-14