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Breeden John E's Form 4/A amendment

Amended

Q2 Holdings, Inc. (QTWO) · filed Mar 20, 2024

Accession no.
0001410384-24-000069
Filed
Mar 20, 2024
Trade date
Mar 13-14, 2024
Filing delay
7 days
Rule 10b5-1 plan
Checked
Original filed
Mar 14, 2024

This filing lists 2 non-derivative transactions. Open-market sales total $304.0K. It was filed 7 days after the trade.

This amendment replaces 0001410384-24-000055 (filed Mar 14, 2024).

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Breeden John ECIK 0001597609Officer (Chief Operating Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Mar 13, 2024Common StockSSaleDisposed−2,382$50.10F2−$119,338.2218,976Direct
Mar 14, 2024Common StockSSaleDisposed−3,725$49.58F5−$184,685.5200,459Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

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 transactions at the prices $50.095653 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. 3. The sale reported was effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on June 8, 2023 and modified on August 30, 2023.

Referenced by the price of 1 transaction in Table I.

F3

This amendment is being filed to update column 5 to reflect additional award shares acquired on March 7, 2024, as reported on a late Form 4 filed March 20, 2024 .

F4

The sale reported was effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on June 8, 2023 and modified on August 30, 2023.

F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.12 to $50.27 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.

Referenced by the price of 1 transaction in Table I.

F6

Reported amount reduced by 14,792 units as comparted to reporting person's prior Form 4 reflecting forfeiture by reporting person of unearned units under the Market Stock Unit Grant dated March 3, 2021, which was originally reported on Form 4 at the time of grant using the total target number of units. Forfeited units represent target units that were not earned due to failure to attain the required performance measure (TSR relative to Russell 2000 Index) on one or more of the performance measure dates as of the end of the final performance period for the grant.

Read the full filing on SEC EDGAR (opens in a new tab)