SEC Form 3 · accession 0001410384-16-000265
Q2 Holdings, Inc. · QTWO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Coy Joyner
Officer — SVP, Product Group
Period of report
Jun 9, 2016
Accepted (ET)
Jun 17, 2016 · 9:46 am 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 StockF1 | holding | — | — | — | 3,578 | 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 | $21.37 | holding | — | — | — | Mar 12, 2016 | Mar 12, 2022 | Common Stock | 8,061 | — | D |
Explanation of responses
- F1Reported shares represent shares underlying Restricted Stock Units. The Restricted Stock Units were originally granted on March 12, 2015 and vest in equal annual installments over four years beginning March 12, 2016. The reported shares represented the unvested balance as of the date of this form.
- F2This option grant vested as to 1/4 of the total option grant on March 12, 2016, and thereafter as to 1/48 of the total option grant monthly. The option grant becomes exercisable as it vests.