John E. Breeden - Dec 2, 2021 Form 4 Insider Report for Q2 Holdings, Inc. (QTWO)

Role
Chief Operating Officer
Signature
/s/ M. Scott Kerr, attorney-in-fact
Stock symbol
QTWO
Transactions as of
Dec 2, 2021
Transactions value $
-$66,398
Form type
4
Date filed
12/3/2021, 03:22 PM
Previous filing
Jun 23, 2021
Next filing
Mar 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QTWO Common Stock Options Exercise $10.1K +498 +0.75% $20.19 66.5K Dec 2, 2021 Direct
transaction QTWO Common Stock Sale -$38.2K -498 -0.75% $76.76 66K Dec 2, 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 Employee Stock Option (right to buy) Options Exercise -$38.2K -498 -100% $76.76 0 Dec 2, 2021 Common Stock 498 $20.19 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.61 to $77.67 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 This option grant vests as to 1/4 of the total option grant on February 20, 2016, and thereafter as to 1/48 of the total option grant monthly. The option grant becomes exercisable as it vests.