4//SEC Filing
Flake Matthew P 4
Accession 0001410384-24-000057
CIK 0001410384other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 5:08 PM ET
Size
8.2 KB
Accession
0001410384-24-000057
Insider Transaction Report
Form 4
Flake Matthew P
DirectorPresident and CEO
Transactions
- Sale
Common Stock
2024-03-14$49.58/sh−8,820$437,296→ 372,155 total - Sale
Common Stock
2024-03-13$50.10/sh−5,640$282,564→ 415,998 total
Footnotes (5)
- [F1]The sale reported on this Form 4 represents an Issuer mandated sale by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units, and it does not represent a discretionary trade by the Reporting Person.
- [F2]These shares were sold in a single transactions at the prices $50.095653 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.
- [F3]The sale reported was effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on June 16, 2023
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.085 to $50.27 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.
- [F5]Reported amount reduced by 35,023 units as comparted to reporting person's prior Form 4 reflecting forfeiture by reporting person of unearned units under the Market Stock Unit Grant dated March 3, 2021, which was originally reported on Form 4 at the time of grant using the total target number of units. Forfeited units represent target units that were not earned due to failure to attain the required performance measure (TSR relative to Russell 2000 Index) on one or more of the performance measure dates as of the end of the final performance period for the grant.
Documents
Issuer
Q2 Holdings, Inc.
CIK 0001410384
Entity typeother
Related Parties
1- filerCIK 0001597592
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 5:08 PM ET
- Size
- 8.2 KB