| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | QTWO | Common Stock | Sale | -$1.81M | -29.6K | -4.64% | $61.24 | 608K | Jun 10, 2024 | By funds | F1, F2, F3, F4, F5 |
| transaction | QTWO | Common Stock | Award | $0 | +3.86K | +9.49% | $0.00 | 44.5K | Jun 11, 2024 | Direct | F6, F7 |
| Id | Content |
|---|---|
| F1 | Represents 9,184 shares sold by Adams Street 2006 Direct Fund, L.P., or AS 2006, 10,370 shares sold by Adams Street 2007 Direct Fund, L.P., or AS 2007, 3,474 shares sold by Adams Street 2008 Direct Fund, L.P., or AS 2008, 3,005 shares sold by Adams Street 2009 Direct Fund, L.P., or AS 2009, 1,707 shares sold by Adams Street 2010 Direct Fund, L.P., or AS 2010, 1,371 shares sold by Adams Street 2011 Direct Fund LP, or AS 2011, 109 shares sold by Adams Street Partnership Fund-2007 U.S. Fund, L.P., or AS 2007 US, 140 shares sold by Adams Street Partnership Fund-2008 U.S. Fund, L.P., or AS 2008 US, 124 shares sold by Adams Street Partnership Fund-2009 U.S. Fund, L.P., or AS 2009 US, 87 shares sold by Adams Street Partnership Fund-2010 U.S. Fund, L.P., or AS 2010 US, and 19 shares sold by Adams Street Partnership Fund-2010 U.S. Fund Series B, L.P., or AS 2010 US Series B. |
| F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.00 to $61.74 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 | Represents 188,818 shares held by AS 2006, 213,227 shares held by AS 2007, 71,437 shares held by AS 2008, 61,787 shares held by AS 2009, 35,098 shares held by AS 2010, 28,198 shares held by AS 2011, 2,236 shares held by AS 2007 US, 2,868 shares held by AS 2008 US, 2,544 shares held by AS 2009 US, 1,792 shares held by AS 2010 US, and 398 shares held by AS 2010 US Series B. |
| F4 | Jeffrey T. Diehl disclaims beneficial ownership of the Shares except to the extent of his pecuniary interest therein. |
| F5 | The shares owned by each of AS 2006, AS 2007, AS 2008, AS 2009, AS 2010, AS 2011, AS 2007 US, AS 2008 US, AS 2009 US, AS 2010 US, and AS 2010 US Series B may be deemed to be beneficially owned by Adams Street Partners, LLC, the managing member of the general partner of each of AS 2006, AS 2007, AS 2008, AS 2009 and AS 2010, the managing member of the general partner of the general partner of AS 2011, and the general partner of AS 2007 US, AS 2008 US, AS 2009 US, AS 2010 US, and AS 2010 US Series B. Jeffrey T. Diehl is a partner of Adams Street Partners, LLC (or a subsidiary thereof), and may be deemed to share voting and dispositive power over the shares held by AS 2006, AS 2007, AS 2008, AS 2009, AS 2010, AS 2011, AS 2007 US, AS 2008 US, AS 2009 US, AS 2010 US, and AS 2010 US Series B. |
| F6 | Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest in equal quarterly installments over one year beginning September 9, 2024. |
| F7 | By agreement with AS 2006, AS 2007, AS 2008, AS 2009, AS 2010, and AS 2011 (each as defined in footnote 1, and collectively, the "Funds"), Mr. Diehl is deemed to hold the stock for the benefit of the Funds. |