Home > Insider Trading > Filing (0001410384-20-000144)

Filing Details

Accession Number:: 0001410384-20-000144
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-09-02 16:38:56
Reporting Period:: 2020-08-31

Accepted Time:: 2020-09-02 16:38:56
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

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	2020-08-31	55,000	$97.47	1,022,562	No	4	S	Indirect	By funds
Common Stock	Disposition	2020-09-01	145,000	$99.83	877,562	No	4	S	Indirect	By funds

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By funds
No	4	S	Indirect	By funds

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	10,364	Direct

Footnotes

Represents 17,069 shares sold by Adams Street 2006 Direct Fund, L.P., or AS 2006, 19,276 shares sold by Adams Street 2007 Direct Fund, L.P., or AS 2007, 6,458 shares sold by Adams Street 2008 Direct Fund, L.P., or AS 2008, 5,586 shares sold by Adams Street 2009 Direct Fund, L.P., or AS 2009, 3,173 shares sold by Adams Street 2010 Direct Fund, L.P., or AS 2010, 2,549 shares sold by Adams Street 2011 Direct Fund LP, or AS 2011, 202 shares sold by Adams Street Partnership Fund-2007 U.S. Fund, L.P., or AS 2007 US, 259 shares sold by Adams Street Partnership Fund-2008 U.S. Fund, L.P., or AS 2008 US, 230 shares sold by Adams Street Partnership Fund-2009 U.S. Fund, L.P., or AS 2009 US, 162 shares sold by Adams Street Partnership Fund-2010 U.S. Fund, L.P., or AS 2010 US, and 36 shares sold by Adams Street Partnership Fund-2010 U.S. Fund Series B, L.P., or AS 2010 US Series B.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.26 to $97.89 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.
Represents 317,351 shares held by AS 2006, 358,377 shares held by AS 2007, 120,066 shares held by AS 2008, 103,848 shares held by AS 2009, 58,992 shares held by AS 2010, 47,394 shares held by AS 2011, 3,758 shares held by AS 2007 US, 4,820 shares held by AS 2008 US, 4,276 shares held by AS 2009 US, 3,009 shares held by AS 2010 US, and 671 shares held by AS 2010 US Series B.
Jeffrey T. Diehl disclaims beneficial ownership of the Shares except to the extent of his pecuniary interest therein.
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.
Represents 45,001 shares sold by AS 2006, 50,818 shares sold by AS 2007, 17,026 shares sold by AS 2008, 14,726 shares sold by AS 2009, 8,365 shares sold by AS 2010, 6,721 shares sold by AS 2011, 532 shares sold by AS 2007 US, 683 shares sold by AS 2008 US, 606 shares sold by AS 2009 US, 426 shares sold by AS 2010 US, and 96 shares sold by AS 2010 US Series B.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.35 to $101.06 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.
Represents 272,350 shares held by AS 2006, 307,559 shares held by AS 2007, 103,040 shares held by AS 2008, 89,122 shares held by AS 2009, 50,627 shares held by AS 2010, 40,673 shares held by AS 2011, 3,226 shares held by AS 2007 US, 4,137 shares held by AS 2008 US, 3,670 shares held by AS 2009 US, 2,583 shares held by AS 2010 US, and 575 shares held AS 2010 US Series B.
By agreement with AS 2006, AS 2007, AS 2008, AS 2009, AS 2010, and AS 2011 (the "Funds"), Mr. Diehl is deemed to hold the stock for the benefit of the Funds.