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Filing Details

Accession Number:: 0001179110-16-024999
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-05-18 16:37:07
Reporting Period:: 2016-05-16

Filing Date:: 2016-05-18
Accepted Time:: 2016-05-18 16:37:07
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1410384	Q2 Holdings Inc.	QTWO	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1354614	Maurice Michael Brown	C/O Battery Ventures One Marina Park Drive, Suite 1100 Boston MA 02210		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2016-05-16	50,000	$23.00	2,662,769	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnote

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	5,385	Direct

Footnotes

Consists of 49,505 shares sold by Battery Ventures IX, L.P. ("Battery Ventures IX") and 495 shares sold by Battery Investment Partners IX, LLC ("BIP IX"). Battery Partners IX, LLC ("BP IX") is the sole general partner of Battery Ventures IX and the sole managing member of BIP IX. BP IX's investment advisor is Battery Management Corp. (together with BP IX, the "Battery Companies"). The Reporting Person is a managing member and officer of the Battery Companies and may be deemed to share voting and dispositive power over the shares held by Battery Ventures IX and BIP IX.
The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
The number of shares reported as indirectly and directly held by the Reporting Person reflects the change in form of beneficial ownership of 5,385 shares previously reported by the Reporting Person as indirectly held through the Reporting Person's interest in Battery Ventures IX, and BIP IX. Such shares were received by virtue of a pro-rata in-kind distribution of common stock of the Issuer by Battery Ventures IX and by BIP IX to their partners and members without consideration, including BP IX, and the further pro-rata in-kind distribution of such shares by BP IX to its members, including the Reporting Person.