SEC Form 4 · accession 0001410384-16-000335
Q2 Holdings, Inc. · QTWO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey T Diehl
Director · 10% Owner
Period of report
Nov 9, 2016
Accepted (ET)
Nov 14, 2016 · 5:31 pm EST
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 StockF2,F3,F4 | Nov 9, 2016 | J | 15,036 | $0.00 | A | 4,881,714 | I | By funds |
| Common StockF5 | holding | — | — | — | 899 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 3,418 shares received by Adams Street Partnership Fund - 2007 U.S. Fund, L.P. (AS 2007 US), 4,384 shares received by Adams Street Partnership Fund - 2008 U.S. Fund, L.P. (AS 2008 US), 3,889 shares received by Adams Street Partnership Fund - 2009 U.S. Fund, L.P. (AS 2009 US), 2,736 shares received by Adams Street Partnership Fund - 2010 U.S. Fund, L.P. (AS 2010 US), and 609 shares received by Adams Street Partnership Fund - 2010 U.S. Fund - Series B, L.P. (AS 2010 US Series B), in each case for no consideration as part of a pro-rata distribution of shares by a fund controlled by Battery Ventures.
- F2Represents 1,527,049 shares held by Adams Street 2006 Direct Fund, L.P. (AS 2006), 1,724,460 shares held by Adams Street 2007 Direct Fund, L.P. (AS 2007), 577,743 shares held by Adams Street 2008 Direct Fund, L.P. (AS 2008), 499,707 shares held by Adams Street 2009 Direct Fund, L.P. (AS 2009), 283,861 shares held by Adams Street 2010 Direct Fund, L.P. (AS 2010), 228,054 shares held by Adams Street 2011 Direct Fund LP (AS 2011), 9,283 shares held by AS 2007 US, 11,906 shares held by AS 2008 US, 10,564 shares held by AS 2009 US, 7,432 shares held by AS 2010 US, and 1,655 shares held by AS 2010 US Series B.
- F3Jeffrey T. Diehl disclaims beneficial ownership of the Shares except to the extent of his pecuniary interest therein.
- F4The shares owned by each of AS 2006, AS 2007, AS 2008, AS 2009, AS 2010, AS 2011, AS 2007 US, AS 2008 US, AS 2009 US, AS 2010 US, and AS 2010 US Series B may be deemed to be beneficially owned by Adams Street Partners, LLC, the managing member of the general partner of each of AS 2006, AS 2007, AS 2008, AS 2009 and AS 2010, the managing member of the general partner of the general partner of AS 2011, and the general partner of AS 2007 US, AS 2008 US, AS 2009 US, AS 2010 US, and AS 2010 US Series B. Jeffrey T. Diehl is a partner of Adams Street Partners, LLC (or a subsidiary thereof), and may be deemed to share voting and dispositive power over the shares held by AS 2006, AS 2007, AS 2008, AS 2009, AS 2010, AS 2011, AS 2007 US, AS 2008 US, AS 2009 US, AS 2010 US, and AS 2010 US Series B.
- F5By agreement with Adams Street 2006 Direct Fund, L.P., Adams Street 2007 Direct Fund, L.P., Adams Street 2008 Direct Fund, L.P., Adams Street 2009 Direct Fund, L.P., Adams Street 2010 Direct Fund, L.P., and Adams Street 2011 Direct Fund LP (the "Funds"), Mr. Diehl is deemed to hold the stock for the benefit of the Funds.