Filing Details

Accession Number:
0001410384-20-000084
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-05-18 16:45:28
Reporting Period:
2020-05-15
Accepted Time:
2020-05-18 16:45:28
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
1597881 T Jeffrey Diehl 1 North Wacker Drive
Suite 2700
Chicago IL 60606
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 2020-05-15 500,000 $76.50 1,077,562 No 4 S Indirect By funds
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By funds
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 8,393 Direct
Footnotes
  1. Represents 155,175 shares sold by Adams Street 2006 Direct Fund, L.P., or AS 2006, 175,235 shares sold by Adams Street 2007 Direct Fund, L.P., or AS 2007, 58,708 shares sold by Adams Street 2008 Direct Fund, L.P., or AS 2008, 50,779 shares sold by Adams Street 2009 Direct Fund, L.P., or AS 2009, 28,845 shares sold by Adams Street 2010 Direct Fund, L.P., or AS 2010, 23,174 shares sold by Adams Street 2011 Direct Fund LP, or AS 2011, 1,837 shares sold by Adams Street Partnership Fund-2007 U.S. Fund, L.P., or AS 2007 US, 2,357 shares sold by Adams Street Partnership Fund-2008 U.S. Fund, L.P., or AS 2008 US, 2,091 shares sold by Adams Street Partnership Fund-2009 U.S. Fund, L.P., or AS 2009 US, 1,471 shares sold by Adams Street Partnership Fund-2010 U.S. Fund, L.P., or AS 2010 US, and 328 shares sold by Adams Street Partnership Fund-2010 U.S. Fund Series B, L.P., or AS 2010 US Series B, in each case as selling stockholders in connection with the issuer's follow-on public offering.
  2. Represents 334,420 shares held by AS 2006, 377,653 shares held by AS 2007, 126,524 shares held by AS 2008, 109,434 shares held by AS 2009, 62,165 shares held by AS 2010, 49,943 shares held by AS 2011, 3,960 shares held by AS 2007 US, 5,079 shares held by AS 2008 US, 4,506 shares held by AS 2009 US, 3,171 shares held by AS 2010 US, and 707 shares held by AS 2010 US Series B.
  3. Jeffrey T. Diehl disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.
  4. The shares owned by each of AS 2006, AS 2007, AS 2008, AS 2009, AS 2010, AS 2011, AS 2007 US, AS 2008 US, AS 2009 US, AS 2010 US, and AS 2010 US Series B may be deemed to be beneficially owned by Adams Street Partners, LLC, the managing member of the general partner of each of AS 2006, AS 2007, AS 2008, AS 2009 and AS 2010, the managing member of the general partner of the general partner of AS 2011, and the general partner of AS 2007 US, AS 2008 US, AS 2009 US, AS 2010 US, and AS 2010 US Series B. Mr. Diehl is a partner of Adams Street Partners, LLC (or a subsidiary thereof), and may be deemed to share voting and dispositive power over the shares held by AS 2006, AS 2007, AS 2008, AS 2009, AS 2010, AS 2011, AS 2007 US, AS 2008 US, AS 2009 US, AS 2010 US, and AS 2010 US Series B.
  5. By agreement with Adams Street 2006 Direct Fund, L.P., Adams Street 2007 Direct Fund, L.P., Adams Street 2008 Direct Fund, L.P., Adams Street 2009 Direct Fund, L.P., Adams Street 2010 Direct Fund, L.P., and Adams Street 2011 Direct Fund LP (the "Funds"), Mr. Diehl is deemed to hold the stock for the benefit of the Funds.