0001410384-23-000025.txt : 20230306
0001410384-23-000025.hdr.sgml : 20230306
20230306165005
ACCESSION NUMBER: 0001410384-23-000025
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230302
FILED AS OF DATE: 20230306
DATE AS OF CHANGE: 20230306
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Breeden John E
CENTRAL INDEX KEY: 0001597609
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36350
FILM NUMBER: 23709594
MAIL ADDRESS:
STREET 1: 10355 PECAN PARK BOULEVARD
CITY: AUSTIN
STATE: TX
ZIP: 78729
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: 10355 PECAN PARK BOULEVARD
CITY: Austin
STATE: TX
ZIP: 78729
BUSINESS PHONE: 1-833-444-3469
MAIL ADDRESS:
STREET 1: 10355 PECAN PARK BOULEVARD
CITY: Austin
STATE: TX
ZIP: 78729
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_167813938541836.xml
FORM 4
X0306
4
2023-03-02
0
0001410384
Q2 Holdings, Inc.
QTWO
0001597609
Breeden John E
10355 PECAN PARK BOULEVARD
AUSTIN
TX
78729
0
1
0
0
Chief Operating Officer
Common Stock
2023-03-02
4
A
0
53392
0
A
159455
D
Common Stock
2023-03-02
4
A
0
26696
0
A
186151
D
Common Stock
2023-03-02
4
A
0
26696
0
A
212847
D
Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning March 3, 2024.
Represents the target number of shares that may be earned ("Target Amount") pursuant to performance-based restricted stock units ("Units") under the 2014 Equity Incentive Plan, with vesting dependent upon Q2's attainment relative to a target performance metric for Adjusted EBITDA as a percentage of Non-GAAP Revenue for the 12 months ending December 31, 2024, as more specifically set forth in the grant agreement. Subject to continued employment, attainment will be determined on the second anniversary of the date of grant, with any earned shares up to 100% of the Target Amount vesting on such date, and any shares issuable pursuant to above-target attainment vesting on the third anniversary of the grant date.
Represents the target number of shares that may be earned ("Target Amount") pursuant to performance-based restricted stock units ("Units") under the 2014 Equity Incentive Plan, with vesting dependent upon Q2's attainment relative to target performance of Q2's common stock price as compared to the S&P Software & Services Select Index, as more specifically set forth in the grant agreement. Subject to continued employment, attainment will be determined on the third anniversary of the date of grant, with 0% to 200% of the Target Amount vesting on such date depending on the level of attainment.
/s/ M. Scott Kerr, attorney-in-fact
2023-03-06