0001410384-24-000170.txt : 20240822 0001410384-24-000170.hdr.sgml : 20240822 20240822160853 ACCESSION NUMBER: 0001410384-24-000170 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240820 FILED AS OF DATE: 20240822 DATE AS OF CHANGE: 20240822 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: 241232075 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_1724357326.xml FORM 4 X0508 4 2024-08-20 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 2024-08-20 4 S 0 22866 72.77 D 509608 I By funds Common Stock 2024-08-21 4 S 0 29399 72.66 D 480209 I By funds Common Stock 44519 D Represents 7,096 shares sold by Adams Street 2006 Direct Fund, L.P., or AS 2006, 8,014 shares sold by Adams Street 2007 Direct Fund, L.P., or AS 2007, 2,685 shares sold by Adams Street 2008 Direct Fund, L.P., or AS 2008, 2,322 shares sold by Adams Street 2009 Direct Fund, L.P., or AS 2009, 1,319 shares sold by Adams Street 2010 Direct Fund, L.P., or AS 2010, 1,060 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 $72.23 to $73.59 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 158,156 shares held by AS 2006, 178,603 shares held by AS 2007, 59,837 shares held by AS 2008, 51,754 shares held by AS 2009, 29,398 shares held by AS 2010, 23,619 shares held by AS 2011, 1,873 shares held by AS 2007 US, 2,402 shares held by AS 2008 US, 2,130 shares held by AS 2009 US, 1,502 shares held by AS 2010 US, and 334 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 9,123 shares sold by AS 2006, 10,304 shares sold by AS 2007, 3,452 shares sold by AS 2008, 2,986 shares sold by AS 2009, 1,696 shares sold by AS 2010, 1,363 shares sold by AS 2011, 108 shares sold by AS 2007 US, 138 shares sold by AS 2008 US, 123 shares sold by AS 2009 US, 87 shares sold by AS 2010 US, and 19 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 $71.96 to $73.17 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 149,033 shares held by AS 2006, 168,299 shares held by AS 2007, 56,385 shares held by AS 2008, 48,768 shares held by AS 2009, 27,702 shares held by AS 2010, 22,256 shares held by AS 2011, 1,765 shares held by AS 2007 US, 2,264 shares held by AS 2008 US, 2,007 shares held by AS 2009 US, 1,415 shares held by AS 2010 US, and 315 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 2024-08-22