SEC Form 4 · accession 0001410384-19-000028
Q2 Holdings, Inc. · QTWO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey T Diehl
Director
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 5:28 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 | Mar 1, 2019 | S | 65,713 | $71.3555 | D | 1,577,562 | I | By funds |
| Common StockF3,F5 | holding | — | — | — | 6,079 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 20,394 shares sold by Adams Street 2006 Fund, L.P. (AS 2006), 23,030 shares sold by Adams Street 2007 Direct Fund, L.P. (AS 2007), 7,716 shares sold by Adams Street 2008 Direct Fund, L.P. (AS 2008), 6,674 shares sold by Adams Street 2009 Direct Fund, L.P. (AS 2009), 3,791 shares sold by Adams Street 2010 Direct Fund, L.P. (AS 2010), 3,046 shares sold by Adams Street 2011 Direct Fund, L.P. (AS 2011), 241 shares sold by Adams Street Partnership Fund - 2007 U.S. Fund, L.P. (AS 2007 US), 310 shares sold by Adams Street Partnership Fund - 2008 U.S. Fund, L.P. (AS 2008 US), 275 shares sold by Adams Street Partnership Fund - 2009 U.S. Fund, L.P. (AS 2009 US), 193 shares sold by Adams Street Partnership Fund - 2010 U.S. Fund, L.P. (AS 2010 US), and 43 shares sold by Adams Street Partnership Fund - 2010 U.S. Fund - Series B, L. P. (AS 2010 US Series B).
- F2Represents 489,595 shares held by AS 2006, 552,888 shares held by AS 2007, 185,232 shares held by AS 2008, 160,213 shares held by AS 2009, 91,010 shares held by AS 2010, 73,117 shares held by AS2011, 5,797 shares held by AS 2007 US, 7,436 shares held by AS 2008 US, 6,597 shares held by AS 2009 US, 4,642 shares held by AS 2010 US, and 1,035 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.