4//SEC Filing
Benton Barry G 4
Accession 0001410384-20-000060
CIK 0001410384other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 4:40 PM ET
Size
7.3 KB
Accession
0001410384-20-000060
Insider Transaction Report
Form 4
Benton Barry G
SVP, General Counsel
Transactions
- Award
Common Stock
2020-03-13+4,209→ 29,445 total - Award
Common Stock
2020-03-13+4,209→ 25,236 total
Footnotes (2)
- [F1]Represents a grant of performance-based restricted stock units ("Units") under the 2014 Equity Incentive Plan. The target number of Units is presented in the table ("Target Amount"). Subject to continued employment, one-third (1/3) of the Target Amount is scheduled to vest annually ("Scheduled Amount"), on or about March 6th of each of 2021, 2022 and 2023. In each of the first two years the number of Units that actually vests will be 0% to 100% of the Scheduled Amount, and in the third year the number of Units that actually will vest will be 0% to 200% of the Target Amount, less the amount of any vesting in the first two years, 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. The maximum number of Units that may vest over three years is 200% of the Target Amount. Vested Units will be paid in an equal number of shares of Q2 Holdings, Inc. common stock.
- [F2]Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning March 3, 2021.
Documents
Issuer
Q2 Holdings, Inc.
CIK 0001410384
Entity typeother
Related Parties
1- filerCIK 0001597586
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 4:40 PM ET
- Size
- 7.3 KB