0001410384-19-000042.txt : 20190308
0001410384-19-000042.hdr.sgml : 20190308
20190308172750
ACCESSION NUMBER: 0001410384-19-000042
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190306
FILED AS OF DATE: 20190308
DATE AS OF CHANGE: 20190308
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Blue Adam D
CENTRAL INDEX KEY: 0001597575
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36350
FILM NUMBER: 19670173
MAIL ADDRESS:
STREET 1: 13785 RESEARCH BLVD.
STREET 2: SUITE 150
CITY: AUSTIN
STATE: TX
ZIP: 78750
FORMER NAME:
FORMER CONFORMED NAME: Anderson Adam D
DATE OF NAME CHANGE: 20140121
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Q2 Holdings, Inc.
CENTRAL INDEX KEY: 0001410384
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 202706637
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 13785 RESEARCH BOULEVARD
STREET 2: SUITE 150
CITY: Austin
STATE: TX
ZIP: 78750
BUSINESS PHONE: 512-275-0072
MAIL ADDRESS:
STREET 1: 13785 RESEARCH BOULEVARD
STREET 2: SUITE 150
CITY: Austin
STATE: TX
ZIP: 78750
FORMER COMPANY:
FORMER CONFORMED NAME: CBG Holdings, Inc.
DATE OF NAME CHANGE: 20120103
FORMER COMPANY:
FORMER CONFORMED NAME: CBG Holdings Inc
DATE OF NAME CHANGE: 20070821
4
1
wf-form4_155208405589750.xml
FORM 4
X0306
4
2019-03-06
0
0001410384
Q2 Holdings, Inc.
QTWO
0001597575
Blue Adam D
13785 RESEARCH BLVD.
SUITE 150
AUSTIN
TX
78750
0
1
0
0
Chief Technology Officer
Common Stock
2019-03-06
4
A
0
16967
0
A
69857
D
Common Stock
2019-03-06
4
A
0
16967
0
A
86824
D
Common Stock
2019-03-06
4
S
0
4750
67.05
D
82074
D
Represents a grant of performance-based restricted stock units ("Units") under the 2014 Equity Incentive Plan. The target number of Units is presented in the table ("Target Amount"). Subject to continued employment, one-third (1/3) of the Target Amount is scheduled to vest annually ("Scheduled Amount"), on or about March 6th of each of 2020, 2021 and 2022. In each of the first two years the number of Units that actually vests will be 0% to 100% of the Scheduled Amount, and in the third year the number of Units that actually will vest will be 0% to 200% of the Target Amount, less the amount of any vesting in the first two years, in each case depending upon the performance of Q2 Holdings, Inc.'s common stock price as compared to the Russell 2000 Index, as more specifically set forth in the grant agreement. The maximum number of Units that may vest over three years is 200% of the Target Amount. Vested Units will be paid in an equal number of shares of Q2 Holdings, Inc. common stock.
Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning March 3, 2020.
Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.
Includes shares sold to cover tax withholding obligations triggered upon lapse of restricted stock units.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.36 to $68.42 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.
/s/ M. Scott Kerr, attorney-in-fact
2019-03-08