0001410384-24-000119.txt : 20240610 0001410384-24-000119.hdr.sgml : 20240610 20240610163154 ACCESSION NUMBER: 0001410384-24-000119 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240606 FILED AS OF DATE: 20240610 DATE AS OF CHANGE: 20240610 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Diehl Jeffrey T CENTRAL INDEX KEY: 0001597881 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36350 FILM NUMBER: 241033206 MAIL ADDRESS: STREET 1: ONE NORTH WACKER DRIVE STREET 2: SUITE 2200 CITY: CHICAGO STATE: IL ZIP: 60606-2823 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_1718051507.xml FORM 4 X0508 4 2024-06-06 0 0001410384 Q2 Holdings, Inc. QTWO 0001597881 Diehl Jeffrey T 1 NORTH WACKER DRIVE SUITE 2700 CHICAGO IL 60606 1 0 0 0 0 Common Stock 2024-06-06 4 S 0 34434 61.63 D 672818 I By funds Common Stock 2024-06-07 4 S 0 34825 61.24 D 637993 I By funds Common Stock 40662 D Represents 10,686 shares sold by Adams Street 2006 Direct Fund, L.P., or AS 2006, 12,068 shares sold by Adams Street 2007 Direct Fund, L.P., or AS 2007, 4,043 shares sold by Adams Street 2008 Direct Fund, L.P., or AS 2008, 3,497 shares sold by Adams Street 2009 Direct Fund, L.P., or AS 2009, 1,987 shares sold by Adams Street 2010 Direct Fund, L.P., or AS 2010, 1,596 shares sold by Adams Street 2011 Direct Fund LP, or AS 2011, 127 shares sold by Adams Street Partnership Fund-2007 U.S. Fund, L.P., or AS 2007 US, 162 shares sold by Adams Street Partnership Fund-2008 U.S. Fund, L.P., or AS 2008 US, 144 shares sold by Adams Street Partnership Fund-2009 U.S. Fund, L.P., or AS 2009 US, 101 shares sold by Adams Street Partnership Fund-2010 U.S. Fund, L.P., or AS 2010 US, and 23 shares sold by Adams Street Partnership Fund-2010 U.S. Fund Series B, L.P., or AS 2010 US Series B. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.22 to $62.03 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. Represents 208,809 shares held by AS 2006, 235,802 shares held by AS 2007, 79,000 shares held by AS 2008, 68,329 shares held by AS 2009, 38,814 shares held by AS 2010, 31,183 shares held by AS 2011, 2,473 shares held by AS 2007 US, 3,172 shares held by AS 2008 US, 2,814 shares held by AS 2009 US, 1,982 shares held by AS 2010 US, and 440 shares held by AS 2010 US Series B. Jeffrey T. Diehl disclaims beneficial ownership of the Shares except to the extent of his pecuniary interest therein. 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. Represents 10,807 shares sold by AS 2006, 12,205 shares sold by AS 2007, 4,089 shares sold by AS 2008, 3,537 shares sold by AS 2009, 2,009 shares sold by AS 2010, 1,614 shares sold by AS 2011, 128 shares sold by AS 2007 US, 164 shares sold by AS 2008 US, 146 shares sold by AS 2009 US, 103 shares sold by AS 2010 US, and 23 shares sold by AS 2010 US Series B. 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 $61.84 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. Represents 198,002 shares held by AS 2006, 223,597 shares held by AS 2007, 74,911 shares held by AS 2008, 64,792 shares held by AS 2009, 36,805 shares held by AS 2010, 29,569 shares held by AS 2011, 2,345 shares held by AS 2007 US, 3,008 shares held by AS 2008 US, 2,668 shares held by AS 2009 US, 1,879 shares held by AS 2010 US, and 417 shares held by AS 2010 US Series B. By agreement with AS 2006, AS 2007, AS 2008, AS 2009, AS 2010, and AS 2011 (each as defined in footnote 4, and collectively, the "Funds"), Mr. Diehl is deemed to hold the stock for the benefit of the Funds. /s/ M. Scott Kerr, attorney-in-fact 2024-06-10