SEC Form 4 · accession 0001410384-17-000080
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
May 30, 2017
Accepted (ET)
Jun 1, 2017 · 6:25 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 30, 2017 | M | 7,467 | $6.57 | A | 51,166 | D | |
| Common Stock | May 30, 2017 | M | 6,033 | $8.35 | A | 57,199 | D | |
| Common Stock | May 30, 2017 | F | 2,505 | $39.70 | D | 54,694 | 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 | $6.57 | May 30, 2017 | M | 7,467 | D | Nov 7, 2013 | Nov 7, 2019 | Common Stock | 7,467 | 0 | D |
| Stock Option (right to buy)F2 | $8.35 | May 30, 2017 | M | 6,033 | D | Jan 24, 2016 | Jan 24, 2021 | Common Stock | 6,033 | 67,717 | D |
Explanation of responses
- F1This option grant vested as to 1/4 of the total option grant on November 7, 2013, 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 January 24, 2016, and thereafter as to 1/32 of the total option grant monthly. The option grant becomes exercisable as it vests.