Filing Details

Accession Number:
0001410384-24-000007
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-02-09 16:48:43
Reporting Period:
2024-02-07
Accepted Time:
2024-02-09 16:48:43
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
1597592 P Matthew Flake 10355 Pecan Park Boulevard
Austin TX 78729
Chief Executive Officer Yes 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 2024-02-07 45,000 $35.80 518,411 No 4 M Direct
Common Stock Disposition 2024-02-07 45,000 $41.76 473,411 No 4 S Direct
Common Stock Acquisiton 2024-02-09 33,767 $35.80 507,178 No 4 M Direct
Common Stock Disposition 2024-02-09 33,767 $42.93 473,411 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
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 2024-02-07 45,000 $0.00 45,000 $35.80
Common Stock Stock Option (right to buy) Disposition 2024-02-07 33,767 $0.00 33,767 $35.80
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
33,767 2018-02-21 2024-02-21 No 4 M Direct
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 16, 2023 and involves the exercise of options originally granted on February 17, 2017 and which expire on February 21, 2024.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.16 to $42.125 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.52 to $43.32 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.
  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.