SEC Form 4 · accession 0001410384-15-000114
Q2 Holdings, Inc. · QTWO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen C Soukup
Officer — SVP, Sales
Period of report
Aug 14, 2015
Accepted (ET)
Aug 14, 2015 · 5:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001410384
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 14, 2015 | M | 5,000 | $7.82 | A | 19,328 | D | |
| Common StockF1 | Aug 14, 2015 | S | 5,000 | $27.51 | D | 14,328 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $7.82 | Aug 14, 2015 | M | 5,000 | D | Nov 21, 2014 | Nov 21, 2020 | Common Stock | 5,000 | 21,552 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.435 to $27.59 inclusive. Reporting Holder 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.
- F2This option grant vested as to 1/4 of the total option grant on November 21, 2014, and thereafter vests as to 1/48 of the total option grant monthly. The option grant becomes exercisable as it vests.