SEC Form 4 · accession 0001410384-16-000231
Q2 Holdings, Inc. · QTWO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John E Breeden
Officer — EVP, Operations
Period of report
May 17, 2016
Accepted (ET)
May 18, 2016 · 4:35 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 | May 17, 2016 | M | 1,667 | $3.10 | A | 37,927 | D | |
| Common Stock | May 17, 2016 | M | 1,103 | $6.57 | A | 39,030 | D | |
| Common Stock | May 17, 2016 | F | 560 | $22.18 | D | 38,470 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $3.10 | May 17, 2016 | M | 1,667 | D | Nov 14, 2012 | Dec 7, 2021 | Common Stock | 1,667 | 0 | D |
| Stock Option (right to buy)F2 | $6.57 | May 17, 2016 | M | 1,103 | D | Nov 7, 2013 | Nov 7, 2019 | Common Stock | 1,103 | 19,046 | D |
Explanation of responses
- F1This option grant vested as to 1/4 of the total option grant on November 14, 2012, and thereafter as to 1/48 of the total option grant monthly. The option grant becomes exercisable as it vests.
- F2This option grant vested as to 1/4 of the total option grant on November 7, 2013, and thereafter as to 1/48 of the total option grant monthly. The option grant becomes exercisable as it vests.