Filing Details

Accession Number:
0001410384-24-000133
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-06-12 18:03:56
Reporting Period:
2024-06-10
Accepted Time:
2024-06-12 18:03:56
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2024-06-10 29,590 $61.24 608,403 No 4 S Indirect By funds
Common Stock Acquisiton 2024-06-11 3,857 $0.00 44,519 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By funds
No 4 A Direct
Footnotes
  1. Represents 9,184 shares sold by Adams Street 2006 Direct Fund, L.P., or AS 2006, 10,370 shares sold by Adams Street 2007 Direct Fund, L.P., or AS 2007, 3,474 shares sold by Adams Street 2008 Direct Fund, L.P., or AS 2008, 3,005 shares sold by Adams Street 2009 Direct Fund, L.P., or AS 2009, 1,707 shares sold by Adams Street 2010 Direct Fund, L.P., or AS 2010, 1,371 shares sold by Adams Street 2011 Direct Fund LP, or AS 2011, 109 shares sold by Adams Street Partnership Fund-2007 U.S. Fund, L.P., or AS 2007 US, 140 shares sold by Adams Street Partnership Fund-2008 U.S. Fund, L.P., or AS 2008 US, 124 shares sold by Adams Street Partnership Fund-2009 U.S. Fund, L.P., or AS 2009 US, 87 shares sold by Adams Street Partnership Fund-2010 U.S. Fund, L.P., or AS 2010 US, and 19 shares sold by Adams Street Partnership Fund-2010 U.S. Fund Series B, L.P., or AS 2010 US Series B.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.00 to $61.74 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.
  3. Represents 188,818 shares held by AS 2006, 213,227 shares held by AS 2007, 71,437 shares held by AS 2008, 61,787 shares held by AS 2009, 35,098 shares held by AS 2010, 28,198 shares held by AS 2011, 2,236 shares held by AS 2007 US, 2,868 shares held by AS 2008 US, 2,544 shares held by AS 2009 US, 1,792 shares held by AS 2010 US, and 398 shares held by AS 2010 US Series B.
  4. Jeffrey T. Diehl disclaims beneficial ownership of the Shares except to the extent of his pecuniary interest therein.
  5. 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. Jeffrey T. 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.
  6. Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest in equal quarterly installments over one year beginning September 9, 2024.
  7. By agreement with AS 2006, AS 2007, AS 2008, AS 2009, AS 2010, and AS 2011 (each as defined in footnote 1, and collectively, the "Funds"), Mr. Diehl is deemed to hold the stock for the benefit of the Funds.