SEC Form 4 · accession 0001410384-18-000050
Q2 Holdings, Inc. · QTWO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry G Benton
Officer — SVP, General Counsel
Period of report
Apr 18, 2018
Accepted (ET)
Apr 20, 2018 · 5:12 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 | Apr 18, 2018 | M | 625 | $8.35 | A | 35,716 | D | |
| Common Stock | Apr 18, 2018 | M | 4,375 | $19.26 | A | 40,091 | D | |
| Common Stock | Apr 18, 2018 | S | 5,000 | $50.00 | D | 35,091 | 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 | Apr 18, 2018 | M | 625 | D | Jan 24, 2016 | Jan 24, 2021 | Common Stock | 625 | 625 | D |
| Stock Option (right to buy)F3 | $19.26 | Apr 18, 2018 | M | 4,375 | D | Feb 16, 2017 | Feb 16, 2023 | Common Stock | 4,375 | 11,975 | D |
Explanation of responses
- F1Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.
- 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.
- F3This option grant vested as to 1/4 of the total option grant on February 16, 2017, and thereafter as to 1/48 of the total option grant monthly. The option grant becomes exercisable as it vests.