4//SEC Filing
Benton Barry G 4
Accession 0001410384-21-000043
CIK 0001410384other
Filed
Mar 9, 7:00 PM ET
Accepted
Mar 10, 6:35 PM ET
Size
7.7 KB
Accession
0001410384-21-000043
Insider Transaction Report
Form 4
Benton Barry G
SVP, General Counsel
Transactions
- Sale
Common Stock
2021-03-09$110.93/sh−2,137$237,057→ 37,706 total - Award
Common Stock
2021-03-08+9,897→ 39,843 total
Footnotes (4)
- [F1]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 March 8, 2018 ("Units"). As previously disclosed, subject to continued employment, one-third (1/3) of the Target Amount of shares was scheduled to vest annually. In each of the first two years 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 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.
- [F2]Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.
- [F3]Includes shares sold to cover tax withholding obligations triggered upon lapse of restricted stock units.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.75 to $111.89 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.
Documents
Issuer
Q2 Holdings, Inc.
CIK 0001410384
Entity typeother
Related Parties
1- filerCIK 0001597586
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 7:00 PM ET
- Accepted
- Mar 10, 6:35 PM ET
- Size
- 7.7 KB