| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | QTWO | Common Stock | Sale | -$1.73 M | -28.2 K | -4.63% | $61.30 | 580 K | Jun 12, 2024 | By funds | F1, F2, F3, F4, F5 |
| holding | QTWO | Common Stock | 44.5 K | Jun 12, 2024 | Direct | F6 |
| Id | Content |
|---|---|
| F1 | Represents 8,750 shares sold by Adams Street 2006 Direct Fund, L.P., or AS 2006, 9,881 shares sold by Adams Street 2007 Direct Fund, L.P., or AS 2007, 3,310 shares sold by Adams Street 2008 Direct Fund, L.P., or AS 2008, 2,863 shares sold by Adams Street 2009 Direct Fund, L.P., or AS 2009, 1,627 shares sold by Adams Street 2010 Direct Fund, L.P., or AS 2010, 1,307 shares sold by Adams Street 2011 Direct Fund LP, or AS 2011, 104 shares sold by Adams Street Partnership Fund-2007 U.S. Fund, L.P., or AS 2007 US, 133 shares sold by Adams Street Partnership Fund-2008 U.S. Fund, L.P., or AS 2008 US, 118 shares sold by Adams Street Partnership Fund-2009 U.S. Fund, L.P., or AS 2009 US, 83 shares sold by Adams Street Partnership Fund-2010 U.S. Fund, L.P., or AS 2010 US, and 18 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 $61.73 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 180,068 shares held by AS 2006, 203,346 shares held by AS 2007, 68,127 shares held by AS 2008, 58,924 shares held by AS 2009, 33,471 shares held by AS 2010, 26,891 shares held by AS 2011, 2,132 shares held by AS 2007 US, 2,735 shares held by AS 2008 US, 2,426 shares held by AS 2009 US, 1,709 shares held by AS 2010 US, and 380 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 | 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. |