R. H. Seale - Oct 4, 2021 Form 4 Insider Report for Q2 Holdings, Inc. (QTWO)

Role
Director
Signature
/s/ M. Scott Kerr, attorney-in-fact
Stock symbol
QTWO
Transactions as of
Oct 4, 2021
Transactions value $
-$4,795,000
Form type
4
Date filed
10/5/2021, 04:48 PM
Previous filing
Sep 8, 2021
Next filing
Nov 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QTWO Common Stock Sale -$4.8M -62.5K -8.12% $76.72 707K Oct 4, 2021 By RHS Investments-I, L.P. F1, F2, F3
holding QTWO Common Stock 2.72K Oct 4, 2021 By Family Trust (2) F4
holding QTWO Common Stock 2.72K Oct 4, 2021 By Family Trust F4
holding QTWO Common Stock 91.8K Oct 4, 2021 Direct
holding QTWO Common Stock 313K Oct 4, 2021 By family Trust F5
* 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.10 to $75.53 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 Shares held by RHS Investments-I, L.P. Seale, Inc. is the general partner of RHS Investments-I, L.P. R.H. "Hank" Seale, III is the president of Seale, Inc. and has voting and dispositive power over the shares held by RHS Investments-I, L.P.
F4 These shares are held in trust for the benefit of a child of the reporting person. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F5 These shares are held in trust for the benefit of the spouse and children of the reporting person.