Filing Details
- Accession Number:
- 0001410384-24-000065
- Form Type:
- 4/A
- Zero Holdings:
- No
- Publication Time:
- 2024-03-20 19:58:55
- Reporting Period:
- 2024-03-13
- Accepted Time:
- 2024-03-20 19:58:55
- Original Submission Date:
- 2024-03-14
- 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 |
|---|---|---|---|---|---|---|---|
| 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 | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2024-03-13 | 5,640 | $50.10 | 619,554 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-03-14 | 8,820 | $49.58 | 575,711 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Footnotes
- The sale reported on this Form 4 represents an Issuer mandated sale by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units, and it does not represent a discretionary trade by the Reporting Person.
- These shares were sold in a single transactions at the prices $50.095653 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.
- This amendment is being filed to update column 5 to reflect additional award shares acquired on March 7, 2024, as reported on a late Form 4 filed March 20, 2024 .
- The sale reported was effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on June 16, 2023
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.085 to $50.27 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 35,023 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 3, 2021, 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.
Billionaire Hedge Funds
