Filing Details

Accession Number:
0001179110-17-008270
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-06-01 10:09:41
Reporting Period:
2017-05-31
Filing Date:
2017-06-01
Accepted Time:
2017-06-01 10:09:41
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2017-05-31 28,885 $39.57 899 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 698,269 Indirect See footnote
Footnotes
  1. Represents weighted-average sales price. The shares were sold at prices ranging from $39.30 to $39.85. The Reporting Person will provide upon request, to the SEC, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
  2. The number of shares reported as indirectly and directly held by the Reporting Person reflects the change in form of beneficial ownership of 23,500 shares previously reported by the Reporting Person as indirectly held through the Reporting Person's interest in Battery Ventures IX, L.P. ("Battery Ventures IX") and Battery Investment Partners IX, LLC ("BIP IX"). Such shares were received by virtue of pro-rata in-kind distributions of common stock of the Issuer by Battery Ventures IX and by BIP IX to their partners and members without consideration, including Battery Partners IX, LLC ("BP IX"), and the further pro-rata in-kind distributions of such shares by BP IX to its members, including the Reporting Person.
  3. 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.
  4. Consists of 691,358 shares held by Battery Ventures IX and 6,911 shares held by BIP IX. BP IX is the sole general partner of Battery Ventures IX and the sole managing member of BIP IX. BP IX's investment adviser 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.