4//SEC Filing
Mehok David J 4
Accession 0001410384-24-000075
CIK 0001410384other
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 8:10 PM ET
Size
9.1 KB
Accession
0001410384-24-000075
Insider Transaction Report
Form 4
Mehok David J
Chief Financial Officer
Transactions
- Award
Common Stock
2024-03-07+34,819→ 193,904 total - Award
Common Stock
2024-03-07+17,410→ 211,314 total - Award
Common Stock
2024-03-07+17,409→ 228,723 total
Footnotes (3)
- [F1]Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning March 7, 2025.
- [F2]Represents the target number of shares that may be earned ("Target Amount") pursuant to performance-based restricted stock units ("Units") under the 2023 Equity Incentive Plan, with vesting dependent upon Q2's attainment relative to a target performance metric for Adjusted EBITDA as a percentage of Non-GAAP Revenue for the 12 months ending December 31, 2025, as more specifically set forth in the grant agreement. Subject to continued employment, attainment will be determined on the second anniversary of the date of grant, with any earned shares up to 100% of the Target Amount vesting on such date, and any shares issuable pursuant to above-target attainment vesting on the third anniversary of the grant date.
- [F3]Represents the target number of shares that may be earned ("Target Amount") pursuant to performance-based restricted stock units ("Units") under the 2023 Equity Incentive Plan, with vesting dependent upon Q2's attainment relative to target performance of Q2's common stock price as compared to the S&P Software & Services Select Index, as more specifically set forth in the grant agreement. Subject to continued employment, attainment will be determined on the third anniversary of the date of grant, with 0% to 200% of the Target Amount vesting on such date depending on the level of attainment.
Documents
Issuer
Q2 Holdings, Inc.
CIK 0001410384
Entity typeother
Related Parties
1- filerCIK 0001832481
Filing Metadata
- Form type
- 4
- Filed
- Mar 19, 8:00 PM ET
- Accepted
- Mar 20, 8:10 PM ET
- Size
- 9.1 KB