Home > Insider Trading > Filing (0001410384-24-000002)

Filing Details

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
1597592	P Matthew Flake	10355 Pecan Park Boulevard Austin TX 78729	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2024-01-22	7,674	$35.80	512,443	No	4	M	Direct
Common Stock	Disposition	2024-01-22	7,674	$45.00	504,769	No	4	S	Direct
Common Stock	Acquisiton	2024-01-23	6,352	$35.80	511,121	No	4	M	Direct
Common Stock	Disposition	2024-01-23	6,352	$45.00	473,411	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (right to buy)	Disposition	2024-01-22	7,674	$0.00	7,674	$35.80
Common Stock	Stock Option (right to buy)	Disposition	2024-01-23	6,352	$0.00	6,352	$35.80

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
177,056	2018-02-21	2024-02-21	No	4	M	Direct
170,704	2018-02-21	2024-02-21	No	4	M	Direct

Footnotes

The sale reported was effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on June 16, 2023 and involves the exercise of options originally granted on February 17, 2017 and which expire on February 21, 2024.
These shares were sold in multiple transactions at the prices $45.00 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.
Reported amount reduced by 31,358 units as comparted to reporting person's prior Form 4 reflecting forfeiture by reporting person of unearned units under the Market Stock Unit Grant dated March 13, 2020, which was originally reported on Form 4 at the time of grant using the total target number of units. Forfeited units represent target units that were not earned due to failure to attain the required performance measure (TSR relative to Russell 2000 Index) on one or more of the performance measure dates as of the end of the final performance period for the grant.
This option grant vested as to 1/4 of the total option grant on February 21, 2018, and thereafter as to 1/48 of the total option grant monthly. The option grant becomes exercisable as it vests.