Filing Details

Accession Number:
0001410384-23-000165
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-12-22 16:10:56
Reporting Period:
2023-12-21
Accepted Time:
2023-12-22 16:10:56
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1410384 Q2 Holdings Inc. QTWO Services-Prepackaged Software (7372) 202706637
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1597609 E John Breeden 10355 Pecan Park Boulevard
Austin TX 78729
Chief Operating Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2023-12-21 25,397 $35.80 221,240 No 4 M Direct
Common Stock Disposition 2023-12-21 25,397 $42.92 188,416 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2023-12-21 25,397 $0.00 25,397 $35.80
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2018-02-21 2024-02-21 No 4 M Direct
Footnotes
  1. The sale reported was effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on June 8, 2023 and modified on August 30, 2023.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.63 to $43.365 inclusive. Reporting Person undertakes to provide to Q2 Holdings, Inc., any security holder of Q2 Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. Reported amount reduced by 7,427 units as comparted to reporting person's prior Form 4 reflecting forfeiture by reporting person of unearned units under the Market Stock Unit Grant dated March 13, 2020, which was originally reported on Form 4 at the time of grant using the total target number of units. Forfeited units represent target units that were not earned due to failure to attain the required performance measure (TSR relative to Russell 2000 Index) on one or more of the performance measure dates as of the end of the final performance period for the grant.
  4. This option grant vested as to 1/4 of the total option grant on February 21, 2018, and thereafter as to 1/48 of the total option grant monthly. The option grant becomes exercisable as it vests.