0001410384-20-000145.txt : 20200904 0001410384-20-000145.hdr.sgml : 20200904 20200904161432 ACCESSION NUMBER: 0001410384-20-000145 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200902 FILED AS OF DATE: 20200904 DATE AS OF CHANGE: 20200904 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Diehl Jeffrey T CENTRAL INDEX KEY: 0001597881 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36350 FILM NUMBER: 201162017 MAIL ADDRESS: STREET 1: ONE NORTH WACKER DRIVE STREET 2: SUITE 2200 CITY: CHICAGO STATE: IL ZIP: 60606-2823 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_159925045457166.xml FORM 4 X0306 4 2020-09-02 0 0001410384 Q2 Holdings, Inc. QTWO 0001597881 Diehl Jeffrey T 1 NORTH WACKER DRIVE SUITE 2700 CHICAGO IL 60606 1 0 0 0 Common Stock 2020-09-02 4 S 0 100000 99.78 D 777562 I By funds Common Stock 10364 D Represents 31,035 shares sold by Adams Street 2006 Direct Fund, L.P., or AS 2006, 35,047 shares sold by Adams Street 2007 Direct Fund, L.P., or AS 2007, 11,742 shares sold by Adams Street 2008 Direct Fund, L.P., or AS 2008, 10,156 shares sold by Adams Street 2009 Direct Fund, L.P., or AS 2009, 5,769 shares sold by Adams Street 2010 Direct Fund, L.P., or AS 2010, 4,635 shares sold by Adams Street 2011 Direct Fund LP, or AS 2011, 367 shares sold by Adams Street Partnership Fund-2007 U.S. Fund, L.P., or AS 2007 US, 471 shares sold by Adams Street Partnership Fund-2008 U.S. Fund, L.P., or AS 2008 US, 418 shares sold by Adams Street Partnership Fund-2009 U.S. Fund, L.P., or AS 2009 US, 294 shares sold by Adams Street Partnership Fund-2010 U.S. Fund, L.P., or AS 2010 US, and 66 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 $98.30 to $101.435 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 241,315 shares held by AS 2006, 272,512 shares held by AS 2007, 91,298 shares held by AS 2008, 78,966 shares held by AS 2009, 44,858 shares held by AS 2010, 36,038 shares held by AS 2011, 2,859 shares held by AS 2007 US, 3,666 shares held by AS 2008 US, 3,252 shares held by AS 2009 US, 2,289 shares held by AS 2010 US, and 509 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. Mr. 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. By agreement with AS 2006, AS 2007, AS 2008, AS 2009, AS 2010, and AS 2011 (the "Funds"), Mr. Diehl is deemed to hold the stock for the benefit of the Funds. /s/ M. Scott Kerr, attorney-in-fact 2020-09-03