0001410384-24-000219.txt : 20241212
0001410384-24-000219.hdr.sgml : 20241212
20241212185539
ACCESSION NUMBER: 0001410384-24-000219
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20241210
FILED AS OF DATE: 20241212
DATE AS OF CHANGE: 20241212
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Coleman Kirk L
CENTRAL INDEX KEY: 0001957145
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36350
FILM NUMBER: 241546367
MAIL ADDRESS:
STREET 1: 10355 PECAN PARK BLVD
CITY: AUSITN
STATE: TX
ZIP: 78729
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_1734047733.xml
FORM 4
X0508
4
2024-12-10
0
0001410384
Q2 Holdings, Inc.
QTWO
0001957145
Coleman Kirk L
10355 PECAN PARK BLVD
AUSTIN
TX
78729
0
1
0
0
President
0
Common Stock
2024-12-10
4
S
0
8559
106
D
340903
D
Common Stock
2024-12-11
4
S
0
7168
0
A
348071
D
Common Stock
2024-12-12
4
S
0
10428
106.42
D
337643
D
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.
These shares were sold in multiple transactions 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.
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 December 7, 2021 ("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.
These shares were sold in a single transaction at the price $106.42094 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.
/s/ M. Scott Kerr, attorney-in-fact
2024-12-12