Michael A. Volanoski - 10 Dec 2024 Form 4 Insider Report for Q2 Holdings, Inc. (QTWO)

Signature
/s/ M. Scott Kerr, attorney-in-fact
Issuer symbol
QTWO
Transactions as of
10 Dec 2024
Net transactions value
-$986,521
Form type
4
Filing time
12 Dec 2024, 18:17:39 UTC
Previous filing
12 Sep 2024
Next filing
06 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QTWO Common Stock Sale $442,868 -4,178 -1.8% $106.00 223,494 10 Dec 2024 Direct F1, F2
transaction QTWO Common Stock Sale $543,653 -5,123 -2.3% $106.12 218,371 12 Dec 2024 Direct F3, F4
* 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 a single transaction at the price $105.9995 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 The sale reported was effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on June 14, 2023
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.43 to $107.07 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.