0001410384-24-000081.txt : 20240320 0001410384-24-000081.hdr.sgml : 20240320 20240320201635 ACCESSION NUMBER: 0001410384-24-000081 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240307 FILED AS OF DATE: 20240320 DATE AS OF CHANGE: 20240320 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Rutledge Kimberly Anne CENTRAL INDEX KEY: 0001719016 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36350 FILM NUMBER: 24769174 MAIL ADDRESS: STREET 1: 10355 PECAN PARK BOULEVARD CITY: AUSTIN STATE: TX ZIP: 78729 FORMER NAME: FORMER CONFORMED NAME: Rutledge Kimberly DATE OF NAME CHANGE: 20210415 FORMER NAME: FORMER CONFORMED NAME: Rutledge Kim DATE OF NAME CHANGE: 20171005 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Q2 Holdings, Inc. CENTRAL INDEX KEY: 0001410384 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 202706637 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 10355 PECAN PARK BOULEVARD CITY: Austin STATE: TX ZIP: 78729 BUSINESS PHONE: 1-833-444-3469 MAIL ADDRESS: STREET 1: 10355 PECAN PARK BOULEVARD CITY: Austin STATE: TX ZIP: 78729 FORMER COMPANY: FORMER CONFORMED NAME: CBG Holdings, Inc. DATE OF NAME CHANGE: 20120103 FORMER COMPANY: FORMER CONFORMED NAME: CBG Holdings Inc DATE OF NAME CHANGE: 20070821 4 1 wk-form4_1710980187.xml FORM 4 X0508 4 2024-03-07 0 0001410384 Q2 Holdings, Inc. QTWO 0001719016 Rutledge Kimberly Anne 10355 PECAN PARK BOULEVARD AUSTIN TX 78729 0 1 0 0 Chief People Officer 0 Common Stock 2024-03-07 4 A 0 21427 0 A 101489 D Common Stock 2024-03-07 4 A 0 10714 0 A 112203 D Common Stock 2024-03-07 4 A 0 10713 0 A 122916 D Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning March 7, 2025. Represents the target number of shares that may be earned ("Target Amount") pursuant to performance-based restricted stock units ("Units") under the 2023 Equity Incentive Plan, with vesting dependent upon Q2's attainment relative to a target performance metric for Adjusted EBITDA as a percentage of Non-GAAP Revenue for the 12 months ending December 31, 2025, as more specifically set forth in the grant agreement. Subject to continued employment, attainment will be determined on the second anniversary of the date of grant, with any earned shares up to 100% of the Target Amount vesting on such date, and any shares issuable pursuant to above-target attainment vesting on the third anniversary of the grant date. Represents the target number of shares that may be earned ("Target Amount") pursuant to performance-based restricted stock units ("Units") under the 2023 Equity Incentive Plan, with vesting dependent upon Q2's attainment relative to target performance of Q2's common stock price as compared to the S&P Software & Services Select Index, as more specifically set forth in the grant agreement. Subject to continued employment, attainment will be determined on the third anniversary of the date of grant, with 0% to 200% of the Target Amount vesting on such date depending on the level of attainment. /s/ M. Scott Kerr, attorney-in-fact 2024-03-20