0001410384-24-000166.txt : 20240820 0001410384-24-000166.hdr.sgml : 20240820 20240820160642 ACCESSION NUMBER: 0001410384-24-000166 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240816 FILED AS OF DATE: 20240820 DATE AS OF CHANGE: 20240820 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Diehl Jeffrey T CENTRAL INDEX KEY: 0001597881 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36350 FILM NUMBER: 241225137 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] 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_1724184396.xml FORM 4 X0508 4 2024-08-16 0 0001410384 Q2 Holdings, Inc. QTWO 0001597881 Diehl Jeffrey T 1 NORTH WACKER DRIVE SUITE 2700 CHICAGO IL 60606 1 0 0 0 0 Common Stock 2024-08-16 4 S 0 22899 71.79 D 557310 I By funds Common Stock 2024-08-19 4 S 0 24836 72.49 D 532474 I By funds Common Stock 44519 D Represents 7,107 shares sold by Adams Street 2006 Direct Fund, L.P., or AS 2006, 8,025 shares sold by Adams Street 2007 Direct Fund, L.P., or AS 2007, 2,689 shares sold by Adams Street 2008 Direct Fund, L.P., or AS 2008, 2,326 shares sold by Adams Street 2009 Direct Fund, L.P., or AS 2009, 1,321 shares sold by Adams Street 2010 Direct Fund, L.P., or AS 2010, 1,061 shares sold by Adams Street 2011 Direct Fund LP, or AS 2011, 84 shares sold by Adams Street Partnership Fund-2007 U.S. Fund, L.P., or AS 2007 US, 108 shares sold by Adams Street Partnership Fund-2008 U.S. Fund, L.P., or AS 2008 US, 96 shares sold by Adams Street Partnership Fund-2009 U.S. Fund, L.P., or AS 2009 US, 67 shares sold by Adams Street Partnership Fund-2010 U.S. Fund, L.P., or AS 2010 US, and 15 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 $71.22 to $72.10 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 172,961 shares held by AS 2006, 195,321 shares held by AS 2007, 65,438 shares held by AS 2008, 56,598 shares held by AS 2009, 32,150 shares held by AS 2010, 25,830 shares held by AS 2011, 2,048 shares held by AS 2007 US, 2,627 shares held by AS 2008 US, 2,330 shares held by AS 2009 US, 1,642 shares held by AS 2010 US, and 365 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 7,709 shares sold by AS 2006, 8,704 shares sold by AS 2007, 2,916 shares sold by AS 2008, 2,522 shares sold by AS 2009, 1,433 shares sold by AS 2010, 1,151 shares sold by AS 2011, 91 shares sold by AS 2007 US, 117 shares sold by AS 2008 US, 104 shares sold by AS 2009 US, 73 shares sold by AS 2010 US, and 16 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 $71.65 to $72.90 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 165,252 shares held by AS 2006, 186,617 shares held by AS 2007, 62,522 shares held by AS 2008, 54,076 shares held by AS 2009, 30,717 shares held by AS 2010, 24,679 shares held by AS 2011, 1,957 shares held by AS 2007 US, 2,510 shares held by AS 2008 US, 2,226 shares held by AS 2009 US, 1,569 shares held by AS 2010 US, and 349 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. /s/ M. Scott Kerr, attorney-in-fact 2024-08-20