SEC Form 4 · accession 0001410384-18-000086
Q2 Holdings, Inc. · QTWO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey T Diehl
Director
Period of report
Aug 16, 2018
Accepted (ET)
Aug 20, 2018 · 5:06 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 StockF2,F3,F4 | Aug 16, 2018 | S | 1,000,000 | $58.25 | D | 1,643,275 | I | By funds |
| Common StockF5 | holding | — | — | — | 6,079 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 310,348 shares sold by Adams Street 2006 Direct Fund, L.P. (AS 2006), 350,470 shares sold by Adams Street 2007 Direct Fund, L.P. (AS 2007), 117,417 shares sold by Adams Street 2008 Direct Fund, L.P. (AS 2008), 101,557 shares sold by Adams Street 2009 Direct Fund, L.P. (AS 2009), 57,691 shares sold by Adams Street 2010 Direct Fund, L.P. (AS 2010), 46,348 shares sold by Adams Street 2011 Direct Fund LP (AS 2011), 3,675 shares sold by Adams Street Partnership Fund - 2007 U.S. Fund, L.P. (AS 2007 US), 4,713 shares sold by Adams Street Partnership Fund - 2008 U.S. Fund, L.P. (AS 2008 US), 4,182 shares sold by Adams Street Partnership Fund - 2009 U.S. Fund, L.P. (AS 2009 US), 2,943 shares sold by Adams Street Partnership Fund - 2010 U.S. Fund, L.P. (AS 2010 US), and 656 shares sold by Adams Street Partnership Fund - 2010 U.S. Fund - Series B, L.P. (AS 2010 US Series B).
- F2Represents 509,989 shares held by AS 2006, 575,918 shares held by AS 2007, 192,948 shares held by AS 2008, 166,887 shares held by AS 2009, 94,801 shares held by AS 2010, 76,163 shares held by AS 2011, 6,038 shares held by AS 2007 US, 7,746 shares held by AS 2008 US, 6,872 shares held by AS 2009 US, 4,835 shares held by AS 2010 US, and 1,078 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.