SEC Form 4 · accession 0001410384-16-000239
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
Jun 2, 2016
Accepted (ET)
Jun 2, 2016 · 6:16 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 | Jun 2, 2016 | M | 7,500 | $8.35 | A | 45,970 | D | |
| Common Stock | Jun 2, 2016 | S | 7,500 | $26.00 | 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)F2 | $8.35 | Jun 2, 2016 | M | 7,500 | D | Jan 24, 2016 | Jan 24, 2021 | Common Stock | 7,500 | 123,750 | D |
Explanation of responses
- F1Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.
- F2This option vested as to 1/4 of the total option grant on January 24, 2016, and thereafter as to 1/32 of the total option grant monthly. The option grant becomes exercisable as it vests.