Filing Details

Accession Number:
0001410384-20-000063
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-17 20:37:07
Reporting Period:
2020-03-16
Accepted Time:
2020-03-17 20:37:07
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
1597947 H. R. Seale 13785 Research Blvd.
Suite 150
Austin TX 78750
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 2020-03-16 378,650 $0.00 6,167 No 5 G Direct
Common Stock Acquisiton 2020-03-16 378,650 $0.00 378,650 No 5 G Indirect By family Trust
Common Stock Disposition 2020-03-16 150,430 $55.12 1,482,024 No 4 S Indirect By RHS Investments-I, L.P.
Common Stock Disposition 2020-03-17 49,570 $57.02 1,432,454 No 4 S Indirect By RHS Investments-I, L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 G Direct
No 5 G Indirect By family Trust
No 4 S Indirect By RHS Investments-I, L.P.
No 4 S Indirect By RHS Investments-I, L.P.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 10,868 Indirect By Family Trust (2)
Common Stock 10,869 Indirect By Family Trust
Common Stock 1,432,454 Indirect By RHS Investments-I, L.P.
Footnotes
  1. These shares are held in trust for the benefit of the spouse and children of the reporting person. The reporting person is trustee of the trust.
  2. Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.03 to $60.55 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. Shares held by RHS Investments-I, L.P. Seale, Inc. is the general partner of RHS Investments-I, L.P. R.H. "Hank" Seale, III is the president of Seale, Inc. and has voting and dispositive power over the shares held by RHS Investments-I, L.P.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.00 to $61.10 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.
  6. These shares are held in trust for the benefit of a child of the reporting person. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.