Michael S. Kerr - 11 Sep 2023 Form 4 Insider Report for Q2 Holdings, Inc. (QTWO)

Signature
/s/ Michael S. Kerr
Issuer symbol
QTWO
Transactions as of
11 Sep 2023
Net transactions value
-$21,171
Form type
4
Filing time
12 Sep 2023, 16:40:43 UTC
Previous filing
16 May 2023
Next filing
06 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QTWO Common Stock Sale $21,171 -635 -1.5% $33.34 42,619 11 Sep 2023 Direct F1, F2, F3
* 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 Certain of the shares are subject to forfeiture to the Issuer if underlying vesting conditions are not met.