SEC Form 4 · accession 0001410384-16-000317
Q2 Holdings, Inc. · QTWO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl James Schaper
Director
Period of report
Sep 26, 2016
Accepted (ET)
Sep 28, 2016 · 6:00 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 | Sep 26, 2016 | M | 770 | $3.10 | A | 2,135 | D | |
| Common Stock | Sep 26, 2016 | M | 19,230 | $7.82 | A | 21,365 | D | |
| Common StockF2 | Sep 26, 2016 | S | 20,000 | $28.06 | D | 1,365 | 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)F3 | $3.10 | Sep 26, 2016 | M | 770 | D | Dec 1, 2012 | Dec 7, 2021 | Common Stock | 770 | 0 | D |
| Stock Option (right to buy)F4 | $7.82 | Sep 26, 2016 | M | 19,230 | D | Nov 21, 2014 | Nov 21, 2020 | Common Stock | 19,230 | 135,770 | D |
Explanation of responses
- F1Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.91 to $28.20 inclusive. Reporting Person 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.
- F3This option grant vested as to 1/4 of the total option grant on December 1, 2012, and thereafter as to 1/48 of the total option grant monthly. The option grant becomes exercisable as it vests.
- F4This option grant vested as to 1/4 of the total option grant on November 21, 2014, and thereafter as to 1/48 of the total option grant monthly. The option grant becomes exercisable as it vests.