R. H. Seale - Sep 11, 2023 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
Sep 11, 2023
Transactions value $
-$18,837
Form type
4
Date filed
9/12/2023, 04:38 PM
Previous filing
Aug 15, 2023
Next filing
Sep 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QTWO Common Stock Sale -$18.8K -565 -0.17% $33.34 335K Sep 11, 2023 Direct F1, F2
holding QTWO Common Stock 449K Sep 11, 2023 By RHS Investments-I, L.P. F3
holding QTWO Common Stock 87.5K Sep 11, 2023 By family Trust F4
holding QTWO Common Stock 2.72K Sep 11, 2023 By Family Trust (2) F5
holding QTWO Common Stock 2.72K Sep 11, 2023 By Family Trust F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 multiple transactions at a price of $33.338814 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 the spouse and children of the reporting person. The reporting person is trustee of the trust.
F5 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.