4//SEC Filing
Wittenburg Odus Edward Jr 4
Accession 0001410384-19-000044
CIK 0001410384other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 5:29 PM ET
Size
7.3 KB
Accession
0001410384-19-000044
Insider Transaction Report
Form 4
Wittenburg Odus Edward Jr
President
Transactions
- Award
Common Stock
2019-03-06+9,426→ 99,715 total - Award
Common Stock
2019-03-06+9,426→ 109,141 total
Footnotes (2)
- [F1]Represents a grant of performance-based restricted stock units ("Units") under the 2014 Equity Incentive Plan. The target number of Units is presented in the table ("Target Amount"). Subject to continued employment, one-third (1/3) of the Target Amount is scheduled to vest annually ("Scheduled Amount"), on or about March 6th of each of 2020, 2021 and 2022. In each of the first two years the number of Units that actually vests will be 0% to 100% of the Scheduled Amount, and in the third year the number of Units that actually will vest will be 0% to 200% of the Target Amount, less the amount of any vesting in the first two years, in each case depending upon the performance of Q2 Holdings, Inc.'s common stock price as compared to the Russell 2000 Index, as more specifically set forth in the grant agreement. The maximum number of Units that may vest over three years is 200% of the Target Amount. Vested Units will be paid in an equal number of shares of Q2 Holdings, Inc. common stock.
- [F2]Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning March 3, 2020.
Documents
Issuer
Q2 Holdings, Inc.
CIK 0001410384
Entity typeother
Related Parties
1- filerCIK 0001681402
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 5:29 PM ET
- Size
- 7.3 KB