| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | QTWO | Common Stock | Sale | -$247K | -5.36K | -3.28% | $46.01 | 158K | Mar 4, 2024 | Direct | F1, F2, F3, F4 |
| 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 the prices $46.0072 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 | Reported amount includes an increase of 17,330 units as compared to reporting persons prior Form 4. The additional 17,330 units were originally reported on a Form 4/A filed March 18, 2020, but were inadvertently omitted from subsequent Form 4s. |
| F4 | Reported amount reduced by 5,777 units as comparted to reporting person's prior Form 4 reflecting forfeiture by reporting person of unearned units under the Market Stock Unit Grant dated March 13, 2020, which was originally reported on Form 4 at the time of grant using the total target number of units. Forfeited units represent target units that were not earned due to failure to attain the required performance measure (TSR relative to Russell 2000 Index) on one or more of the performance measure dates as of the end of the final performance period for the grant. |