SEC Form 4 · accession 0001410384-18-000100
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 13, 2018
Accepted (ET)
Sep 17, 2018 · 6:09 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 13, 2018 | M | 9,182 | $13.00 | A | 31,844 | D | |
| Common Stock | Sep 13, 2018 | M | 5,022 | $24.89 | A | 36,866 | D | |
| Common Stock | Sep 13, 2018 | M | 1,794 | $27.86 | A | 38,660 | D | |
| Common Stock | Sep 13, 2018 | M | 1,679 | $27.86 | A | 40,339 | D | |
| Common StockF2,F3 | Sep 13, 2018 | S | 17,752 | $66.19 | D | 22,587 | 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)F4 | $13.00 | Sep 13, 2018 | M | 9,182 | D | Apr 19, 2014 | Mar 19, 2024 | Common Stock | 9,182 | 0 | D |
| Stock Option (right to buy)F5 | $24.89 | Sep 13, 2018 | M | 5,022 | D | Jul 9, 2015 | Jun 9, 2022 | Common Stock | 5,022 | 0 | D |
| Stock Option (right to buy)F6 | $27.86 | Sep 13, 2018 | M | 1,794 | D | Jul 9, 2016 | Jun 9, 2023 | Common Stock | 1,794 | 0 | D |
| Stock Option (right to buy)F7 | $27.86 | Sep 13, 2018 | M | 1,679 | D | Jul 9, 2016 | Jun 9, 2023 | Common Stock | 1,679 | 564 | D |
Explanation of responses
- F1Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.
- F2Includes shares sold to cover tax withholding obligations triggered upon lapse of restricted stock units.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.30 to $67.05 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.
- F4The option grant vested and became exercisable in equal monthly installments over 36 months beginning on April 19, 2014.
- F5This option grant vested and became exercisable in equal monthly installments over 36 months beginning July 9, 2015.
- F6This option grant vested and became exercisable in equal monthly installments over 12 months beginning July 9, 2016.
- F7This option grant vested and became exercisable in equal monthly installments over 36 months beginning July 9, 2016.