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Q2 Holdings, Inc. Director's Dealing 2024

Feb 6, 2024

31084_dirs_2024-02-06_a5300689-127c-434e-946a-ab178abacf14.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Q2 Holdings, Inc. (QTWO)
CIK: 0001410384
Period of Report: 2024-02-02

Reporting Person: Flake Matthew P (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-02-02 Common Stock M 46937 $35.80 Acquired 520348 Direct
2024-02-02 Common Stock S 46937 $42.20 Disposed 473411 Direct
2024-02-05 Common Stock M 45000 $35.80 Acquired 518411 Direct
2024-02-05 Common Stock S 45000 $41.09 Disposed 473411 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-02-02 Stock Option (right to buy) $35.80 M 46937 Disposed 2024-02-21 Common Stock (46937) Direct
2024-02-05 Stock Option (right to buy) $35.80 M 45000 Disposed 2024-02-21 Common Stock (45000) Direct

Footnotes

F1: The sale reported was effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on June 16, 2023 and involves the exercise of options originally granted on February 17, 2017 and which expire on February 21, 2024.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.19 to $42.61 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.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.76 to $41.80 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.

F4: This option grant vested as to 1/4 of the total option grant on February 21, 2018, and thereafter as to 1/48 of the total option grant monthly. The option grant becomes exercisable as it vests.