QTWO

SEC source: 0001410384-19-000050 · wf-form4_155260041055899.xml · nonDerivative · entry 1

Flake Matthew P · CIK 0001597592 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 298,999

F1 · kind: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

F2 · shares: Includes shares sold to cover tax withholding obligations triggered upon lapse of restricted stock units.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.91 to $69.23 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.

SEC source: 0001410384-19-000048 · wf-form4_155251463340963.xml · nonDerivative · entry 2

Seale R. H. · CIK 0001597947 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 381,737

F1 · kind: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

F4 · shares: Includes shares sold to cover tax withholding obligations triggered upon lapse of restricted stock units.

SEC source: 0001410384-19-000048 · wf-form4_155251463340963.xml · nonDerivative · entry 1

Seale R. H. · CIK 0001597947 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By RHS Investments-I, L.P.

Disclosed balance after: 2,377,322

F1 · kind: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.06 to $70.03 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 · ownership.nature: Shares held by RHS Investments-I, L.P. Seale, Inc. is the general partner of RHS Investments-I, L.P. R.H. "Hank" Seale, III is the president of Seale, Inc. and has voting and dispositive power over the shares held by RHS Investments-I, L.P.

SEC source: 0001410384-19-000047 · wf-form4_155242468297869.xml · derivative · entry 3

Offerdahl James · CIK 0001490198 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,646

Underlying: Common Stock · 2,000 shares

Expires 2021-07-13

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: This option grant vested as to 1/4 of the total option grant on January 5, 2012, and thereafter as to 1/48 of the total option grant monthly. The option grant becomes exercisable as it vests.

SEC source: 0001410384-19-000047 · wf-form4_155242468297869.xml · nonDerivative · entry 2

Offerdahl James · CIK 0001490198 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,079

F1 · kind: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.95 to $68.04 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.

SEC source: 0001410384-19-000047 · wf-form4_155242468297869.xml · nonDerivative · entry 1

Offerdahl James · CIK 0001490198 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,079

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001410384-19-000040 · wf-form4_155208397682843.xml · nonDerivative · entry 2

Flake Matthew P · CIK 0001597592 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 319,104

F2 · shares: Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning March 3, 2020.

SEC source: 0001410384-19-000040 · wf-form4_155208397682843.xml · nonDerivative · entry 1

Flake Matthew P · CIK 0001597592 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 247,466

F1 · shares: 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 2020, 2021 and 2022. 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.

SEC source: 0001410384-19-000044 · wf-form4_155208412987156.xml · nonDerivative · entry 2

Wittenburg Odus Edward Jr · CIK 0001681402 · EVP, Customer Experience

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 109,141

F2 · shares: Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning March 3, 2020.

SEC source: 0001410384-19-000044 · wf-form4_155208412987156.xml · nonDerivative · entry 1

Wittenburg Odus Edward Jr · CIK 0001681402 · EVP, Customer Experience

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 99,715

F1 · shares: 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 2020, 2021 and 2022. 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.

SEC source: 0001410384-19-000043 · wf-form4_155208409386098.xml · nonDerivative · entry 2

Garapati Rekha · CIK 0001765875 · EVP, Products and Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 55,510

F2 · shares: Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning March 3, 2020.

SEC source: 0001410384-19-000043 · wf-form4_155208409386098.xml · nonDerivative · entry 1

Garapati Rekha · CIK 0001765875 · EVP, Products and Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,658

F1 · shares: 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 2020, 2021 and 2022. 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.

SEC source: 0001410384-19-000042 · wf-form4_155208405589750.xml · nonDerivative · entry 3

Blue Adam D · CIK 0001597575 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 82,074

F3 · kind: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

F4 · shares: Includes shares sold to cover tax withholding obligations triggered upon lapse of restricted stock units.

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.36 to $68.42 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.

SEC source: 0001410384-19-000042 · wf-form4_155208405589750.xml · nonDerivative · entry 2

Blue Adam D · CIK 0001597575 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 86,824

F2 · shares: Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning March 3, 2020.

SEC source: 0001410384-19-000042 · wf-form4_155208405589750.xml · nonDerivative · entry 1

Blue Adam D · CIK 0001597575 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 69,857

F1 · shares: 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 2020, 2021 and 2022. 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.

SEC source: 0001410384-19-000041 · wf-form4_155208401637384.xml · nonDerivative · entry 2

Harris Jennifer Noel · CIK 0001597649 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 116,943

F2 · shares: Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning March 3, 2020.

SEC source: 0001410384-19-000041 · wf-form4_155208401637384.xml · nonDerivative · entry 1

Harris Jennifer Noel · CIK 0001597649 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 98,562

F1 · shares: 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 2020, 2021 and 2022. 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.

SEC source: 0001410384-19-000039 · wf-form4_155208394080825.xml · nonDerivative · entry 2

Breeden John E · CIK 0001597609 · EVP, Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 75,561

F2 · shares: Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning March 3, 2020.

SEC source: 0001410384-19-000039 · wf-form4_155208394080825.xml · nonDerivative · entry 1

Breeden John E · CIK 0001597609 · EVP, Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 62,364

F1 · shares: 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 2020, 2021 and 2022. 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.

SEC source: 0001410384-19-000038 · wf-form4_155208390471740.xml · nonDerivative · entry 2

Rutledge Kim · CIK 0001719016 · SVP, Human Resources

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,909

F2 · shares: Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning March 3, 2020.

SEC source: 0001410384-19-000038 · wf-form4_155208390471740.xml · nonDerivative · entry 1

Rutledge Kim · CIK 0001719016 · SVP, Human Resources

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,954

F1 · shares: 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 2020, 2021 and 2022. 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.

SEC source: 0001410384-19-000037 · wf-form4_155208386494324.xml · nonDerivative · entry 2

Benton Barry G · CIK 0001597586 · SVP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,322

F2 · shares: Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning March 3, 2020.

SEC source: 0001410384-19-000037 · wf-form4_155208386494324.xml · nonDerivative · entry 1

Benton Barry G · CIK 0001597586 · SVP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,912

F1 · shares: 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 2020, 2021 and 2022. 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.

SEC source: 0001410384-19-000036 · wf-form4_155208382342063.xml · nonDerivative · entry 2

Furrer William M · CIK 0001597593 · Chief Strategy Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 87,675

F2 · shares: Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning March 3, 2020.

SEC source: 0001410384-19-000036 · wf-form4_155208382342063.xml · nonDerivative · entry 1

Furrer William M · CIK 0001597593 · Chief Strategy Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,708

F1 · shares: 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 2020, 2021 and 2022. 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.

SEC source: 0001410384-19-000030 · wf-form4_155182496627091.xml · nonDerivative · entry 3

Wittenburg Odus Edward Jr · CIK 0001681402 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 90,289

F1 · kind: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

F3 · shares: Includes shares sold to cover tax withholding obligations triggered upon lapse of restricted stock units.

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.52 to $70.72 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.

SEC source: 0001410384-19-000027 · wf-form4_155182485868046.xml · nonDerivative · entry 3

Flake Matthew P · CIK 0001597592 · Director · CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 175,828

F1 · kind: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

F3 · shares: Includes shares sold to cover tax withholding obligations triggered upon lapse of restricted stock units.

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.39 to $70.835 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.

SEC source: 0001410384-19-000035 · wf-form4_155191138852408.xml · nonDerivative · entry 1

Harris Jennifer Noel · CIK 0001597649 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 80,181

F1 · kind: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

F2 · shares: Includes shares sold to cover tax withholding obligations triggered upon lapse of restricted stock units.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.52 to $70.59 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.

SEC source: 0001410384-19-000034 · wf-form4_155191134623020.xml · nonDerivative · entry 1

Rutledge Kim · CIK 0001719016 · SVP, Human Resources

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,999

F1 · kind: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

F2 · shares: Includes shares sold to cover tax withholding obligations triggered upon lapse of restricted stock units.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.61 to $70.59 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.

SEC source: 0001410384-19-000033 · wf-form4_155191131119341.xml · nonDerivative · entry 1

Benton Barry G · CIK 0001597586 · SVP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,502

F1 · kind: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

F2 · shares: Includes shares sold to cover tax withholding obligations triggered upon lapse of restricted stock units.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.52 to $71.41 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.

SEC source: 0001410384-19-000032 · wf-form4_155191127535656.xml · nonDerivative · entry 1

Furrer William M · CIK 0001597593 · Chief Strategy Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,741

F1 · kind: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

F2 · shares: Includes shares sold to cover tax withholding obligations triggered upon lapse of restricted stock units.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.52 to $70.77 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.

SEC source: 0001410384-19-000031 · wf-form4_155191123342345.xml · nonDerivative · entry 1

Breeden John E · CIK 0001597609 · EVP, Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,167

F1 · kind: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

F2 · shares: Includes shares sold to cover tax withholding obligations triggered upon lapse of restricted stock units.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.61 to $70.59 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.

SEC source: 0001410384-19-000030 · wf-form4_155182496627091.xml · derivative · entry 4

Wittenburg Odus Edward Jr · CIK 0001681402 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 117,500

Underlying: Common Stock · 15,000 shares

Expires 2023-08-22

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_date: This option grant vested as to 1/4 of the total option grant on August 22, 2017, and thereafter as to 1/48 of the total option grant monthly. The option grant becomes exercisable as it vests.

SEC source: 0001410384-19-000030 · wf-form4_155182496627091.xml · nonDerivative · entry 2

Wittenburg Odus Edward Jr · CIK 0001681402 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 96,265

F1 · kind: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70 to $70.01 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.

SEC source: 0001410384-19-000030 · wf-form4_155182496627091.xml · nonDerivative · entry 1

Wittenburg Odus Edward Jr · CIK 0001681402 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 111,265

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001410384-19-000029 · wf-form4_155182492995897.xml · derivative · entry 3

Blue Adam D · CIK 0001597575 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 5,000 shares

Expires 2022-02-20

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: This option grant vested as to of the total option grant on 2/20/2016, and thereafter as to 1/48 of the total option grant monthly. The option becomes exercisable as it vests.

SEC source: 0001410384-19-000029 · wf-form4_155182492995897.xml · nonDerivative · entry 2

Blue Adam D · CIK 0001597575 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,890

F1 · kind: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.70 to $71.88 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.

SEC source: 0001410384-19-000029 · wf-form4_155182492995897.xml · nonDerivative · entry 1

Blue Adam D · CIK 0001597575 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 57,890

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001410384-19-000028 · wf-form4_155182489400638.xml · nonDerivative · entry 1

Diehl Jeffrey T · CIK 0001597881 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By funds

Disclosed balance after: 1,577,562

F1 · kind: Represents 20,394 shares sold by Adams Street 2006 Fund, L.P. (AS 2006), 23,030 shares sold by Adams Street 2007 Direct Fund, L.P. (AS 2007), 7,716 shares sold by Adams Street 2008 Direct Fund, L.P. (AS 2008), 6,674 shares sold by Adams Street 2009 Direct Fund, L.P. (AS 2009), 3,791 shares sold by Adams Street 2010 Direct Fund, L.P. (AS 2010), 3,046 shares sold by Adams Street 2011 Direct Fund, L.P. (AS 2011), 241 shares sold by Adams Street Partnership Fund - 2007 U.S. Fund, L.P. (AS 2007 US), 310 shares sold by Adams Street Partnership Fund - 2008 U.S. Fund, L.P. (AS 2008 US), 275 shares sold by Adams Street Partnership Fund - 2009 U.S. Fund, L.P. (AS 2009 US), 193 shares sold by Adams Street Partnership Fund - 2010 U.S. Fund, L.P. (AS 2010 US), and 43 shares sold by Adams Street Partnership Fund - 2010 U.S. Fund - Series B, L. P. (AS 2010 US Series B).

F2 · balance_after: Represents 489,595 shares held by AS 2006, 552,888 shares held by AS 2007, 185,232 shares held by AS 2008, 160,213 shares held by AS 2009, 91,010 shares held by AS 2010, 73,117 shares held by AS2011, 5,797 shares held by AS 2007 US, 7,436 shares held by AS 2008 US, 6,597 shares held by AS 2009 US, 4,642 shares held by AS 2010 US, and 1,035 shares held by AS 2010 US Series B.

F3 · ownership.direct: Jeffrey T. Diehl disclaims beneficial ownership of the Shares except to the extent of his pecuniary interest therein.

F4 · ownership.nature: The shares owned by each of AS 2006, AS 2007, AS 2008, AS 2009, AS 2010, AS 2011, AS 2007 US, AS 2008 US, AS 2009 US, AS 2010 US, and AS 2010 US Series B may be deemed to be beneficially owned by Adams Street Partners, LLC, the managing member of the general partner of each of AS 2006, AS 2007, AS 2008, AS 2009 and AS 2010, the managing member of the general partner of the general partner of AS 2011, and the general partner of AS 2007 US, AS 2008 US, AS 2009 US, AS 2010 US, and AS 2010 US Series B. Jeffrey T. Diehl is a partner of Adams Street Partners, LLC (or a subsidiary thereof), and may be deemed to share voting and dispositive power over the shares held by AS 2006, AS 2007, AS 2008, AS 2009, AS 2010, AS 2011, AS 2007 US, AS 2008 US, AS 2009 US, AS 2010 US, and AS 2010 US Series B.

SEC source: 0001410384-19-000027 · wf-form4_155182485868046.xml · derivative · entry 4

Flake Matthew P · CIK 0001597592 · Director · CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 418,664

Underlying: Common Stock · 30,000 shares

Expires 2021-01-24

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_date: This option grant vested as to 1/2 of the total option grant on January 24, 2016, and thereafter as to 1/32 of the total option grant monthly. The option grant becomes exercisable as it vests.

SEC source: 0001410384-19-000027 · wf-form4_155182485868046.xml · nonDerivative · entry 2

Flake Matthew P · CIK 0001597592 · Director · CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 190,906

F1 · kind: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.90 to $71.845 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.

SEC source: 0001410384-19-000027 · wf-form4_155182485868046.xml · nonDerivative · entry 1

Flake Matthew P · CIK 0001597592 · Director · CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 220,906

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001410384-19-000026 · wf-form4_155131247036219.xml · nonDerivative · entry 2

Blue Adam D · CIK 0001597575 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,890

F1 · kind: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

F2 · shares: Includes shares sold to cover tax withholding obligations triggered upon lapse of restricted stock units.

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.55 to $68.16 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.

SEC source: 0001410384-19-000026 · wf-form4_155131247036219.xml · nonDerivative · entry 1

Blue Adam D · CIK 0001597575 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 57,823

F1 · kind: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

F2 · shares: Includes shares sold to cover tax withholding obligations triggered upon lapse of restricted stock units.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.38 to $68.40 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.

SEC source: 0001410384-19-000025 · wf-form4_155131244232578.xml · derivative · entry 3

Harris Jennifer Noel · CIK 0001597649 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 61,140

Underlying: Common Stock · 20,000 shares

Expires 2021-01-24

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: This option grant vested as to 1/4 of the total option grant on January 24, 2015, and thereafter as to 1/48 of the total option grant monthly. The option grant becomes exercisable as it vests.

SEC source: 0001410384-19-000025 · wf-form4_155131244232578.xml · nonDerivative · entry 2

Harris Jennifer Noel · CIK 0001597649 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 86,104

F1 · kind: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

SEC source: 0001410384-19-000025 · wf-form4_155131244232578.xml · nonDerivative · entry 1

Harris Jennifer Noel · CIK 0001597649 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 106,104

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001410384-19-000023 · wf-form4_155078902347922.xml · nonDerivative · entry 2

Flake Matthew P · CIK 0001597592 · Director · CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 190,906

F1 · kind: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

F2 · shares: Includes shares sold to cover tax withholding obligations triggered upon lapse of restricted stock units.

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.35 to $65.71 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.

SEC source: 0001410384-19-000022 · wf-form4_155078898660075.xml · nonDerivative · entry 2

Benton Barry G · CIK 0001597586 · SVP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,975

F1 · kind: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

F2 · shares: Includes shares sold to cover tax withholding obligations triggered upon lapse of restricted stock units.

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.45 to $65.84 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.

SEC source: 0001410384-19-000021 · wf-form4_155078894988321.xml · nonDerivative · entry 2

Breeden John E · CIK 0001597609 · EVP, Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,709

F1 · kind: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

F2 · shares: Includes shares sold to cover tax withholding obligations triggered upon lapse of restricted stock units.

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.45 to $65.84 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.