Matthew P. Flake - 02 Sep 2021 Form 4 Insider Report for Q2 Holdings, Inc. (QTWO)

Role
President and CEO, Director
Signature
M. Scott Kerr, as attorney-in-fact
Issuer symbol
QTWO
Transactions as of
02 Sep 2021
Transactions value $
-$1,414,800
Form type
4
Filing time
02 Sep 2021, 16:52:41
Previous filing
16 Jun 2021
Next filing
07 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QTWO Common Stock Options Exercise $385K +20K +9.23% $19.26 237K 02 Sep 2021 Direct
transaction QTWO Common Stock Sale -$1.8M -20K -8.45% $90.00 217K 02 Sep 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction QTWO Stock Option (right to buy) Options Exercise $0 -20K -100% $0.00* 0 02 Sep 2021 Common Stock 20K $19.26 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.
F2 All shares reported in Column 4 were sold at exactly $90.00. 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 This option grant vests as to 1/4 of the total option grant on February 16, 2017, and thereafter as to 1/48 of the total option grant monthly. The option grant becomes exercisable as it vests.