0001193125-15-027442.txt : 20150130 0001193125-15-027442.hdr.sgml : 20150130 20150130142859 ACCESSION NUMBER: 0001193125-15-027442 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20150130 DATE AS OF CHANGE: 20150130 GROUP MEMBERS: TERRI VALENTI GROUP MEMBERS: VALENTI LIVING TRUST SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: QUINSTREET, INC CENTRAL INDEX KEY: 0001117297 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-85909 FILM NUMBER: 15562475 BUSINESS ADDRESS: STREET 1: 950 TOWER LANE, 6TH FLOOR CITY: FOSTER CITY STATE: CA ZIP: 94404 BUSINESS PHONE: 650-578-7700 MAIL ADDRESS: STREET 1: 950 TOWER LANE, 6TH FLOOR CITY: FOSTER CITY STATE: CA ZIP: 94404 FORMER COMPANY: FORMER CONFORMED NAME: QUINSTREET INC DATE OF NAME CHANGE: 20000627 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Valenti Douglas CENTRAL INDEX KEY: 0001478988 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: C/O QUINSTREET, INC. STREET 2: 1051 EAST HILLSDALE BLVD. CITY: FOSTER CITY STATE: CA ZIP: 94404 SC 13G/A 1 d861676dsc13ga.htm SC 13G/A SC 13G/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 4)*

 

 

QuinStreet, Inc.

(Name of Issuer)

 

 

Common Stock, par value $0.001 per share

(Title of Class of Securities)

74874Q100

(CUSIP Number)

December 31, 2014

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

¨ Rule 13d-1(c)

x Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes to Schedule 13G).

 

 

 


SCHEDULE 13G

 

CUSIP No. 74874Q100 Page 2 of 8

 

  1. 

Names of Reporting Persons

 

Douglas Valenti

  2.

Check the Appropriate Box if a Member of a Group (see instructions)

(a)  ¨        (b)  ¨

 

  3.

SEC USE ONLY

 

  4.

Citizenship or Place of Organization

 

USA

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With:

5. 

Sole Voting Power

 

469,779 (1)

6.

Shared Voting Power

 

5,186,745 (2)

7.

Sole Dispositive Power

 

469,779 (1)

8.

Shared Dispositive Power

 

5,186,745 (2)

  9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

5,656,524

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)

 

11.

Percent of Class Represented by Amount in Row 9

 

12.7% (3)

12.

Type of Reporting Person (see instructions)

 

IN

 

(1) Represents (i) 466,341 options to purchase shares of common stock held by Mr. Valenti exercisable within 60 days of December 31, 2014 and (ii) 3,438 restricted stock units “RSUs” that will vest within 60 days of December 31, 2014.
(2) Represents (i) 3,133,808 shares of common stock held by The Valenti Living Trust, for which Mr. Valenti and Terri Valenti, Mr. Valenti’s wife, are co-trustees, (ii) 2,046,034 shares of common stock held by DJ & TL Valenti Investments, LP, of which The Valenti Living Trust is the general partner and (iii) 6,903 shares of common stock held by trusts, for which Mrs. Valenti is trustee, for the benefit of Mr. and Mrs. Valenti’s immediate family members over which Mr. Valenti may be deemed to have shared voting and dispositive power.
(3) Based on 44,485,717 shares of common stock issued and outstanding as of December 31, 2014.


SCHEDULE 13G

 

CUSIP No. 74874Q100 Page 3 of 8

 

  1. 

Names of Reporting Persons

 

Terri Valenti

  2.

Check the Appropriate Box if a Member of a Group (see instructions)

(a)  ¨        (b)  ¨

 

  3.

SEC USE ONLY

 

  4.

Citizenship or Place of Organization

 

USA

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With:

5. 

Sole Voting Power

 

6,903 (1)

6.

Shared Voting Power

 

5,179,842 (2)

7.

Sole Dispositive Power

 

6,903 (1)

8.

Shared Dispositive Power

 

5,179,842 (2)

  9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

5,186,745

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)

 

11.

Percent of Class Represented by Amount in Row 9

 

11.7% (3)

12.

Type of Reporting Person (see instructions)

 

IN

 

(1) Represents 6,903 shares of common stock held in trusts, for which Mrs. Valenti is trustee, for the benefit of Mr. and Mrs. Valenti’s immediate family members.
(2) Represents (i) 3,133,808 shares of common stock held by The Valenti Living Trust, for which Mr. and Mrs. Valenti are co-trustees and (ii) 2,046,034 shares of common stock held by DJ & TL Valenti Investments, LP, of which The Valenti Living Trust is the general partner.
(3) Based on 44,485,717 shares of common stock issued and outstanding as of December 31, 2014.


SCHEDULE 13G

 

CUSIP No. 74874Q100 Page 4 of 8

 

  1. 

Names of Reporting Persons

 

The Valenti Living Trust

  2.

Check the Appropriate Box if a Member of a Group (see instructions)

(a)  ¨        (b)  ¨

 

  3.

SEC USE ONLY

 

  4.

Citizenship or Place of Organization

 

N/A

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With:

5. 

Sole Voting Power

 

0

6.

Shared Voting Power

 

5,179,842 (1)

7.

Sole Dispositive Power

 

0

8.

Shared Dispositive Power

 

5,179,842 (1)

  9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

5,179,842

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)

 

11.

Percent of Class Represented by Amount in Row 9

 

11.6% (2)

12.

Type of Reporting Person (see instructions)

 

OO

 

(1) Represents (i) 3,133,808 shares of common stock held directly by The Valenti Living Trust, for which Mr. and Mrs. Valenti are co-trustees and (ii) 2,046,034 shares of common stock held by DJ & TL Valenti Investments, LP, of which The Valenti Living Trust is the general partner.
(2) Based on 44,485,717 shares of common stock issued and outstanding as of December 31, 2014.


SCHEDULE 13G

 

CUSIP No. 74874Q100 Page 5 of 8

Item 1(a). Name of Issuer:

QuinStreet, Inc.

Item 1(b). Address of Issuer’s Principal Executive Offices:

950 Tower Lane, 6th Floor

Foster City, CA 94404

Item 2(a). Name of Person Filing:

Douglas Valenti

Terri Valenti

The Valenti Living Trust

Item 2(b). Address of Principal Business Office or, if none, Residence:

c/o QuinStreet, Inc.

950 Tower Lane, 6th Floor

Foster City, CA 94404

Attn: Douglas Valenti

 

Item 2(c). Citizenship:

Douglas Valenti

  USA   

Terri Valenti

  USA   

The Valenti Living Trust

  N/A   

Item 2(d). Title of Class of Securities:

Common Stock

Item 2(e). CUSIP Number:

74874Q100

Item 3. If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:

Not applicable

 

Item 4. Ownership

(a) Amount Beneficially Owned:

Douglas Valenti

  5,656,524 (1) 

Terri Valenti

  5,186,745 (6) 

The Valenti Living Trust

  5,179,842 (2) 

(b) Percent of Class (3):

Douglas Valenti

  12.7

Terri Valenti

  11.7

The Valenti Living Trust

  11.6

(c) Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote:

Douglas Valenti

  469,779 (4) 

Terri Valenti

  6,903 (5) 

The Valenti Living Trust

  0   

(ii) Shared power to vote or to direct the vote:

Douglas Valenti

  5,186,745 (6) 

Terri Valenti

  5,179,842 (2) 

The Valenti Living Trust

  5,179,842 (2) 

(iii) Sole power to dispose or to direct the disposition of:

Douglas Valenti

  469,779 (4) 

Terri Valenti

  6,903 (5) 

The Valenti Living Trust

  0   


SCHEDULE 13G

 

CUSIP No. 74874Q100   Page 6 of 8

 

(iv) Shared power to dispose or to direct the disposition of:

  

Douglas Valenti

     5,186,745 (6) 

Terri Valenti

     5,179,842 (2) 

The Valenti Living Trust

     5,179,842 (2) 

 

Notes to Item 4:

 

(1) Represents (i) 466,341 options to purchase shares of common stock held by Mr. Valenti exercisable within 60 days of December 31, 2014, (ii) 3,438 RSUs that will vest within 60 days of December 31, 2014, (iii) 3,133,808 shares of common stock held by The Valenti Living Trust, for which Mr. and Mrs. Valenti are co-trustees, (iv) 2,046,034 shares of common stock held by DJ & TL Valenti Investments, LP, of which The Valenti Living Trust is the general partner and (v) 6,903 shares of common stock held by trusts, for which Mrs. Valenti is trustee, for the benefit of Mr. and Mrs. Valenti’s immediate family members over which Mr. Valenti may be deemed to have shared voting and dispositive power.
(2) Represents (i) 3,133,808 shares of common stock held directly by The Valenti Living Trust, for which Mr. and Mrs. Valenti are co-trustees and (ii) 2,046,034 shares of common stock held by DJ & TL Valenti Investments, LP, of which The Valenti Living Trust is the general partner.
(3) Based on 44,485,717 shares of common stock issued and outstanding as of December 31, 2014.
(4) Represents (i) 466,341 options to purchase shares of common stock held by Mr. Valenti exercisable within 60 days of December 31, 2014 and (ii) 3,438 RSUs that will vest within 60 days of December 31, 2014.
(5) Represents 6,903 shares of common stock held by trusts, for which Mrs. Valenti is trustee, for the benefit of Mr. and Mrs. Valenti’s immediate family members.
(6) Represents (i) 3,133,808 shares of common stock held by The Valenti Living Trust, for which Mr. and Mrs. Valenti are co-trustees, (ii) 2,046,034 shares of common stock held by DJ & TL Valenti Investments, LP, of which The Valenti Living Trust is the general partner and (iii) 6,903 shares of common stock held by trusts, for which Mrs. Valenti is trustee, for the benefit of Mr. and Mrs. Valenti’s immediate family members over which Mr. Valenti may be deemed to have shared voting and dispositive power.

Item 5. Ownership of 5 Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following:

Item 6. Ownership of More than 5 Percent on Behalf of Another Person

Not applicable

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

Not applicable

Item 8. Identification and Classification of Members of the Group

Not applicable

Item 9. Notice of Dissolution of a Group

Not applicable

Item 10. Certification

Not applicable

 

Exhibit

  

Document Description

99.1    Agreement Pursuant to Rule 13d-1(k)(1)(iii)


SCHEDULE 13G

 

CUSIP No. 74874Q100 Page 7 of 8

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: January 30, 2015

 

DOUGLAS J. VALENTI
/s/ Douglas J. Valenti
        Douglas J. Valenti

 

THE VALENTI LIVING TRUST
/s/ Douglas J. Valenti, Co-Trustee
        Douglas J. Valenti, Co-Trustee

 

TERRI VALENTI
/s/ Terri Valenti
        Terri Valenti

Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)

EX-99.1 2 d861676dex991.htm EX-99.1 EX-99.1

SCHEDULE 13G

 

CUSIP No. 74874Q100   Page 8 of 8

Exhibit 99.1

Pursuant to Rule 13d-1(k) (1) (iii) of Regulation 13D-G of the General Rules and Regulations of the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, the undersigned agree that the statement to which this Exhibit is attached is filed on behalf of each of them in the capacities set forth herein below.

Date: January 30, 2015

 

DOUGLAS J. VALENTI

/s/ Douglas J. Valenti
  Douglas J. Valenti
THE VALENTI LIVING TRUST
By:   /s/ Douglas J. Valenti, Co-Trustee
  Douglas J. Valenti, Co-Trustee
TERRI VALENTI
/s/ Terri Valenti
  Terri Valenti