0001410384-23-000165.txt : 20231222 0001410384-23-000165.hdr.sgml : 20231222 20231222161056 ACCESSION NUMBER: 0001410384-23-000165 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231221 FILED AS OF DATE: 20231222 DATE AS OF CHANGE: 20231222 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Breeden John E CENTRAL INDEX KEY: 0001597609 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36350 FILM NUMBER: 231509897 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] ORGANIZATION NAME: 06 Technology 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 wk-form4_1703279448.xml FORM 4 X0508 4 2023-12-21 0 0001410384 Q2 Holdings, Inc. QTWO 0001597609 Breeden John E 10355 PECAN PARK BOULEVARD AUSTIN TX 78729 0 1 0 0 Chief Operating Officer 0 Common Stock 2023-12-21 4 M 0 25397 35.80 A 221240 D Common Stock 2023-12-21 4 S 0 25397 42.92 D 188416 D Stock Option (right to buy) 35.80 2023-12-21 4 M 0 25397 0 D 2018-02-21 2024-02-21 Common Stock 25397 0 D The sale reported was effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on June 8, 2023 and modified on August 30, 2023. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.63 to $43.365 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. Reported amount reduced by 7,427 units as comparted to reporting person's prior Form 4 reflecting forfeiture by reporting person of unearned units under the Market Stock Unit Grant dated March 13, 2020, which was originally reported on Form 4 at the time of grant using the total target number of units. Forfeited units represent target units that were not earned due to failure to attain the required performance measure (TSR relative to Russell 2000 Index) on one or more of the performance measure dates as of the end of the final performance period for the grant. This option grant vested as to 1/4 of the total option grant on February 21, 2018, and thereafter as to 1/48 of the total option grant monthly. The option grant becomes exercisable as it vests. /s/ M. Scott Kerr, attorney-in-fact 2023-12-22