R. H. Seale - 08 Mar 2022 Form 4 Insider Report for Q2 Holdings, Inc. (QTWO)

Role
Director
Signature
/s/ M. Scott Kerr, attorney-in-fact
Issuer symbol
QTWO
Transactions as of
08 Mar 2022
Net transactions value
+$124,998
Form type
4
Filing time
09 Mar 2022, 15:15:01 UTC
Previous filing
02 Dec 2021
Next filing
03 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QTWO Common Stock Options Exercise $124,998 +5,022 +5.5% $24.89 96,850 08 Mar 2022 Direct
holding QTWO Common Stock 2,718 08 Mar 2022 By Family Trust (2) F1
holding QTWO Common Stock 312,724 08 Mar 2022 By family Trust
holding QTWO Common Stock 2,719 08 Mar 2022 By Family Trust F1
holding QTWO Common Stock 582,454 08 Mar 2022 By RHS Investments-I, L.P. 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 -5,022 -100% $0.000000* 0 09 Mar 2022 Common Stock 5,022 $24.89 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 The option grant vested and became exercisable in equal monthly installments over 36 months beginning on July 9, 2015