4//SEC Filing
Benton Barry G 4
Accession 0001410384-22-000029
CIK 0001410384other
Filed
Mar 10, 7:00 PM ET
Accepted
Mar 11, 6:40 PM ET
Size
7.2 KB
Accession
0001410384-22-000029
Insider Transaction Report
Form 4
Benton Barry G
SVP, General Counsel
Transactions
- Award
Common Stock
2022-03-10+5,523→ 20,659 total - Award
Common Stock
2022-03-10+5,523→ 26,182 total
Footnotes (2)
- [F1]Represents the target number ("Target Amount") of performance-based restricted stock units ("Units") under the 2014 Equity Incentive Plan. Subject to continued employment, one-third of the Target Amount (Scheduled Amount) is scheduled to vest after year two and two-thirds of the Target Amount is scheduled to vest after year three. On the second-year vest date, the number of Units that actually vests will be 0% to 100% of the Scheduled Amount and on the third-year vest date the number of Units that actually will vest will be 0% to 200% of the Target Amount, less the amount of any vesting in year two, 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, 2023.
Documents
Issuer
Q2 Holdings, Inc.
CIK 0001410384
Entity typeother
Related Parties
1- filerCIK 0001597586
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 7:00 PM ET
- Accepted
- Mar 11, 6:40 PM ET
- Size
- 7.2 KB