Home > Insider Trading > Filing (0001410384-24-000178)

Filing Details

Accession Number:: 0001410384-24-000178
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-08-30 18:21:44
Reporting Period:: 2024-08-28

Accepted Time:: 2024-08-30 18:21:44
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	2024-08-28	37,045	$73.68	337,790	No	4	S	Indirect	By funds
Common Stock	Disposition	2024-08-29	21,327	$73.87	316,463	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	44,519	Direct

Footnotes

Represents 11,497 shares sold by Adams Street 2006 Direct Fund, L.P., or AS 2006, 12,983 shares sold by Adams Street 2007 Direct Fund, L.P., or AS 2007, 4,350 shares sold by Adams Street 2008 Direct Fund, L.P., or AS 2008, 3,762 shares sold by Adams Street 2009 Direct Fund, L.P., or AS 2009, 2,137 shares sold by Adams Street 2010 Direct Fund, L.P., or AS 2010, 1,717 shares sold by Adams Street 2011 Direct Fund LP, or AS 2011, 136 shares sold by Adams Street Partnership Fund-2007 U.S. Fund, L.P., or AS 2007 US, 175 shares sold by Adams Street Partnership Fund-2008 U.S. Fund, L.P., or AS 2008 US, 155 shares sold by Adams Street Partnership Fund-2009 U.S. Fund, L.P., or AS 2009 US, 109 shares sold by Adams Street Partnership Fund-2010 U.S. Fund, L.P., or AS 2010 US, and 24 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 $73.13 to $74.46 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 104,833 shares held by AS 2006, 118,386 shares held by AS 2007, 39,663 shares held by AS 2008, 34,305 shares held by AS 2009, 19,485 shares held by AS 2010, 15,655 shares held by AS 2011, 1,242 shares held by AS 2007 US, 1,592 shares held by AS 2008 US, 1,411 shares held by AS 2009 US, 996 shares held by AS 2010 US, and 222 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. 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.
Represents 6,619 shares sold by AS 2006, 7,475 shares sold by AS 2007, 2,504 shares sold by AS 2008, 2,166 shares sold by AS 2009, 1,230 shares sold by AS 2010, 988 shares sold by AS 2011, 78 shares sold by AS 2007 US, 101 shares sold by AS 2008 US, 89 shares sold by AS 2009 US, 63 shares sold by AS 2010 US, and 14 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 $73.05 to $74.35 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 98,214 shares held by AS 2006, 110,911 shares held by AS 2007, 37,159 shares held by AS 2008, 32,139 shares held by AS 2009, 18,255 shares held by AS 2010, 14,667 shares held by AS 2011, 1,164 shares held by AS 2007 US, 1,491 shares held by AS 2008 US, 1,322 shares held by AS 2009 US, 933 shares held by AS 2010 US, and 208 shares held by AS 2010 US Series B.
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.Remarks: