SEC Form 4 · accession 0001410384-16-000233
Q2 Holdings, Inc. · QTWO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew P Flake
Officer — President and CEO · Director
Period of report
May 20, 2016
Accepted (ET)
May 24, 2016 · 7:25 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 20, 2016 | M | 68,895 | $3.10 | A | 168,895 | D | |
| Common Stock | May 20, 2016 | M | 1,084 | $0.84 | A | 169,979 | D | |
| Common Stock | May 20, 2016 | F | 6,150 | $22.78 | D | 163,829 | 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 20, 2016 | M | 68,895 | D | Dec 7, 2012 | Dec 7, 2021 | Common Stock | 68,895 | 78,451 | D |
| Stock Option (right to buy)F2 | $0.84 | May 20, 2016 | M | 1,084 | D | Mar 1, 2011 | May 5, 2020 | Common Stock | 1,084 | 0 | D |
Explanation of responses
- F1This option grant vested as to 1/4 of the total option grant on December 7, 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 March 1, 2011, and thereafter as to 1/48 of the total option grant monthly. The option grant becomes exercisable as it vests.