Form 4 for QTWO Q2 Holdings, Inc.
Accepted 2025-03-13 00:00:00 ET · period of report 2025-03-11 · accession 0001410384-25-000077 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2025-03-13 | 2025-03-12+ | QTWO | Flake Matthew P | CEO, Dir | S - Sale | $73.37 | -92.7K | 521.7K | -15% | -$6.80M |
| 2025-03-13 | 2025-03-11 | QTWO | Flake Matthew P | CEO, Dir | A - Grant | $0.00 | +38.8K | 614.4K | +7% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-03-12 | S | D | 35,723 | $74.12 | 578,714 | D | — | — | |
| 2 | Common | Common Stock | 2025-03-11 | A | A | 38,814 | $0.00 | 614,437 | D | — | — | (F1) Represents shares received, in excess of the target number ("Target Amount") of shares previously reported on Form 4, upon the final vesting of performance-based restricted stock units originally granted on March 10, 2022 ("Units"). As previously disclosed, subject to continued employment, one-third (1/3) of the Target Amount of shares was scheduled to vest on the second anniversary and the remaining two-thirds (2/3) on the third anniversary. On the second year the number of Units that actually vested was to be up to one-third (1/3) of the Target Amount, and in the third year the number of Units that actually could vest would be up to 200% of the Target Amount, less the amount of any vesting in the second year, in each case depending upon the performance of Q2 Holdings, Inc.'s common stock price as compared to the Russell 2000 Index, as more specifically set forth in the grant agreement. |
| 3 | Common | Common Stock | 2025-03-13 | S | D | 57,025 | $72.90 | 521,689 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.08 to $73.68 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. |