QTWO

SEC source: 0001410384-17-000030 · wf-form4_148857838226541.xml · derivative · entry 6

Anderson Adam D · CIK 0001597575 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 12,500 shares

Expires 2021-12-07

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.

F4 · derivative.exercise_date: This option grant vested as to 1/4 of the total option grant on December 7, 2012, and thereafter as to 1/48 of the total option grant monthly. The option becomes exercisable as it vests.

SEC source: 0001410384-17-000030 · wf-form4_148857838226541.xml · nonDerivative · entry 4

Anderson Adam D · CIK 0001597575 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,805

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

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.90 to $35.50 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: 0001410384-17-000030 · wf-form4_148857838226541.xml · nonDerivative · entry 3

Anderson Adam D · CIK 0001597575 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,305

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: 0001410384-17-000029 · wf-form4_148857832460095.xml · derivative · entry 2

Flake Matthew P · CIK 0001597592 · Director · CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,592

Underlying: Common Stock · 43,859 shares

Expires 2021-12-07

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.

F1 · derivative.exercise_date: This option grant vested as to 1/4 of the total option grant on December 7, 2012, and thereafter as to 1/48 of the total option grant monthly. The option grant becomes exercisable as it vests.

SEC source: 0001410384-17-000029 · wf-form4_148857832460095.xml · nonDerivative · entry 1

Flake Matthew P · CIK 0001597592 · Director · CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 256,288

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: 0001410384-17-000031 · wf-form4_148858042344906.xml · nonDerivative · entry 1

Diehl Jeffrey T · CIK 0001597881 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By funds

Disclosed balance after: 3,878,467

F1 · kind: Represents 83,565 shares sold by Adams Street 2006 Direct Fund, L.P. (AS 2006), 94,367 shares sold by Adams Street 2007 Direct Fund, L.P. (AS 2007), 31,616 shares sold by Adams Street 2008 Direct Fund, L.P. (AS 2008), 27,345 shares sold by Adams Street 2009 Direct Fund, L.P. (AS 2009), 15,534 shares sold by Adams Street 2010 Direct Fund, L.P. (AS 2010), 12,480 shares sold by Adams Street 2011 Direct Fund LP (AS 2011), 726 shares sold by Adams Street Partnership Fund - 2007 U.S. Fund, L.P. (AS 2007 US), 931 shares sold by Adams Street Partnership Fund - 2008 U.S. Fund, L.P. (AS 2008 US), 826 shares sold by Adams Street Partnership Fund - 2009 U.S. Fund, L.P. (AS 2009 US), 581 shares sold by Adams Street Partnership Fund - 2010 U.S. Fund, L.P. (AS 2010 US), and 129 shares sold by Adams Street Partnership Fund - 2010 U.S. Fund - Series B, L.P. (AS 2010 US Series B).

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.375 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 · balance_after: Represents 1,208,876 shares held by AS 2006, 1,365,157 shares held by AS 2007, 457,366 shares held by AS 2008, 395,589 shares held by AS 2009, 224,716 shares held by AS 2010, 180,537 shares held by AS 2011, 10,507 shares held by AS 2007 US, 13,476 shares held by AS 2008 US, 11,957 shares held by AS 2009 US, 8,412 shares held by AS 2010 US, and 1,874 shares held by AS 2010 US Series B.

F4 · ownership.direct: Jeffrey T. Diehl disclaims beneficial ownership of the Shares except to the extent of his pecuniary interest therein.

F5 · 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 asubsidiary 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: 0001144204-17-012784 · v461127_4.xml · nonDerivative · entry 11

ADAMS STREET PARTNERS LLC · CIK 0001193586 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 180,537

F1 · price: The price reported is a weighted average price. The shares reported herein were sold in multiple transactions at prices ranging from $35.00 to $35.375 inclusive.

F12 · ownership.nature: Represents shares held directly by Adams Street 2011 Direct Fund LP ("2011 Direct"). Adams Street Partners, LLC, as the managing member of the general partner of the general partner of 2011 Direct, may be deemed to beneficially own the shares held by 2011 Direct. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by 2011 Direct. Adams Street Partners, LLC and Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert disclaim beneficial ownership of the shares held by 2011 Direct except to the extent of their pecuniary interest therein.

SEC source: 0001144204-17-012784 · v461127_4.xml · nonDerivative · entry 10

ADAMS STREET PARTNERS LLC · CIK 0001193586 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 224,716

F1 · price: The price reported is a weighted average price. The shares reported herein were sold in multiple transactions at prices ranging from $35.00 to $35.375 inclusive.

F11 · ownership.nature: Represents shares held directly by Adams Street 2010 Direct Fund, L.P. ("2010 Direct"). Adams Street Partners, LLC, as the managing member of the general partner of 2010 Direct, may be deemed to beneficially own the shares held by 2010 Direct. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by 2010 Direct. Adams Street Partners, LLC and Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert disclaim beneficial ownership of the shares held by 2010 Direct except to the extent of their pecuniary interest therein.

SEC source: 0001144204-17-012784 · v461127_4.xml · nonDerivative · entry 9

ADAMS STREET PARTNERS LLC · CIK 0001193586 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 395,589

F1 · price: The price reported is a weighted average price. The shares reported herein were sold in multiple transactions at prices ranging from $35.00 to $35.375 inclusive.

F10 · ownership.nature: Represents shares held directly by Adams Street 2009 Direct Fund, L.P. ("2009 Direct"). Adams Street Partners, LLC, as the managing member of the general partner of 2009 Direct, may be deemed to beneficially own the shares held by 2009 Direct. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by 2009 Direct. Adams Street Partners, LLC and Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert disclaim beneficial ownership of the shares held by 2009 Direct except to the extent of their pecuniary interest therein.

SEC source: 0001144204-17-012784 · v461127_4.xml · nonDerivative · entry 8

ADAMS STREET PARTNERS LLC · CIK 0001193586 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 457,366

F1 · price: The price reported is a weighted average price. The shares reported herein were sold in multiple transactions at prices ranging from $35.00 to $35.375 inclusive.

F9 · ownership.nature: Represents shares held directly by Adams Street 2008 Direct Fund, L.P. ("2008 Direct"). Adams Street Partners, LLC, as the managing member of the general partner of 2008 Direct, may be deemed to beneficially own the shares held by 2008 Direct. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by 2008 Direct. Adams Street Partners, LLC and Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert disclaim beneficial ownership of the shares held by 2008 Direct except to the extent of their pecuniary interest therein.

SEC source: 0001144204-17-012784 · v461127_4.xml · nonDerivative · entry 7

ADAMS STREET PARTNERS LLC · CIK 0001193586 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 1,365,157

F1 · price: The price reported is a weighted average price. The shares reported herein were sold in multiple transactions at prices ranging from $35.00 to $35.375 inclusive.

F8 · ownership.nature: Represents shares held directly by Adams Street 2007 Direct Fund, L.P. ("2007 Direct"). Adams Street Partners, LLC, as the managing member of the general partner of 2007 Direct, may be deemed to beneficially own the shares held by 2007 Direct. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by 2007 Direct. Adams Street Partners, LLC and Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert disclaim beneficial ownership of the shares held by 2007 Direct except to the extent of their pecuniary interest therein.

SEC source: 0001144204-17-012784 · v461127_4.xml · nonDerivative · entry 6

ADAMS STREET PARTNERS LLC · CIK 0001193586 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 1,208,876

F1 · price: The price reported is a weighted average price. The shares reported herein were sold in multiple transactions at prices ranging from $35.00 to $35.375 inclusive.

F7 · ownership.nature: Represents shares held directly by Adams Street 2006 Direct Fund, L.P. ("2006 Direct"). Adams Street Partners, LLC, as the managing member of the general partner of 2006 Direct, may be deemed to beneficially own the shares held by 2006 Direct. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by 2006 Direct. Adams Street Partners, LLC and Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert disclaim beneficial ownership of the shares held by 2006 Direct except to the extent of their pecuniary interest therein.

SEC source: 0001144204-17-012784 · v461127_4.xml · nonDerivative · entry 5

ADAMS STREET PARTNERS LLC · CIK 0001193586 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 1,874

F1 · price: The price reported is a weighted average price. The shares reported herein were sold in multiple transactions at prices ranging from $35.00 to $35.375 inclusive.

F6 · ownership.nature: Represents shares held directly by Adams Street Partnership Fund - 2010 U.S. Fund - Series B, L.P. ("AS 2010 US Series B"). Adams Street Partners, LLC, as the general partner of AS 2010 US Series B, may be deemed to beneficially own the shares held by AS 2010 US Series B. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2010 US Series B. Adams Street Partners, LLC and Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert disclaim beneficial ownership of the shares held by AS 2010 US Series B except to the extent of their pecuniary interest therein.

SEC source: 0001144204-17-012784 · v461127_4.xml · nonDerivative · entry 4

ADAMS STREET PARTNERS LLC · CIK 0001193586 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 8,412

F1 · price: The price reported is a weighted average price. The shares reported herein were sold in multiple transactions at prices ranging from $35.00 to $35.375 inclusive.

F5 · ownership.nature: Represents shares held directly by Adams Street Partnership Fund - 2010 U.S. Fund, L.P. ("AS 2010 US"). Adams Street Partners, LLC, as the general partner of AS 2010 US, may be deemed to beneficially own the shares held by AS 2010 US. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2010 US. Adams Street Partners, LLC and Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert disclaim beneficial ownership of the shares held by AS 2010 US except to the extent of their pecuniary interest therein.

SEC source: 0001144204-17-012784 · v461127_4.xml · nonDerivative · entry 3

ADAMS STREET PARTNERS LLC · CIK 0001193586 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 11,957

F1 · price: The price reported is a weighted average price. The shares reported herein were sold in multiple transactions at prices ranging from $35.00 to $35.375 inclusive.

F4 · ownership.nature: Represents shares held directly by Adams Street Partnership Fund - 2009 U.S. Fund, L.P. ("AS 2009 US"). Adams Street Partners, LLC, as the general partner of AS 2009 US, may be deemed to beneficially own the shares held by AS 2009 US. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2009 US. Adams Street Partners, LLC and Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert disclaim beneficial ownership of the shares held by AS 2009 US except to the extent of their pecuniary interest therein.

SEC source: 0001144204-17-012784 · v461127_4.xml · nonDerivative · entry 2

ADAMS STREET PARTNERS LLC · CIK 0001193586 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 13,476

F1 · price: The price reported is a weighted average price. The shares reported herein were sold in multiple transactions at prices ranging from $35.00 to $35.375 inclusive.

F3 · ownership.nature: Represents shares held directly by Adams Street Partnership Fund - 2008 U.S. Fund, L.P. ("AS 2008 US"). Adams Street Partners, LLC, as the general partner of AS 2008 US, may be deemed to beneficially own the shares held by AS 2008 US. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2008 US. Adams Street Partners, LLC and Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert disclaim beneficial ownership of the shares held by AS 2008 US except to the extent of their pecuniary interest therein.

SEC source: 0001144204-17-012784 · v461127_4.xml · nonDerivative · entry 1

ADAMS STREET PARTNERS LLC · CIK 0001193586 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 10,507

F1 · price: The price reported is a weighted average price. The shares reported herein were sold in multiple transactions at prices ranging from $35.00 to $35.375 inclusive.

F2 · ownership.nature: Represents shares held directly by Adams Street Partnership Fund - 2007 U.S. Fund, L.P. ("AS 2007 US"). Adams Street Partners, LLC, as the general partner of AS 2007 US, may be deemed to beneficially own the shares held by AS 2007 US. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2007 US. Adams Street Partners, LLC and Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert disclaim beneficial ownership of the shares held by AS 2007 US except to the extent of their pecuniary interest therein.

SEC source: 0001410384-17-000030 · wf-form4_148857838226541.xml · derivative · entry 5

Anderson Adam D · CIK 0001597575 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,500

Underlying: Common Stock · 12,500 shares

Expires 2021-12-07

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.

F4 · derivative.exercise_date: This option grant vested as to 1/4 of the total option grant on December 7, 2012, and thereafter as to 1/48 of the total option grant monthly. The option becomes exercisable as it vests.

SEC source: 0001410384-17-000030 · wf-form4_148857838226541.xml · nonDerivative · entry 2

Anderson Adam D · CIK 0001597575 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,805

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 $35.75 to $36.50 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: 0001410384-17-000030 · wf-form4_148857838226541.xml · nonDerivative · entry 1

Anderson Adam D · CIK 0001597575 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,305

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: 0001410384-17-000028 · wf-form4_148840311842253.xml · nonDerivative · entry 1

Diehl Jeffrey T · CIK 0001597881 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By funds

Disclosed balance after: 4,146,567

F1 · kind: Represents 3,376 shares received by Adams Street Partnership Fund - 2007 U.S. Fund, L.P. (AS 2007 US), 4,330 shares received by Adams Street Partnership Fund - 2008 U.S. Fund, L.P. (AS 2008 US), 3,842 shares received by Adams Street Partnership Fund - 2009 U.S. Fund, L.P. (AS 2009 US), 2,703 shares received by Adams Street Partnership Fund - 2010 U.S. Fund, L.P. (AS 2010 US), and 602 shares received by Adams Street Partnership Fund - 2010 U.S. Fund - Series B, L.P. (AS 2010 US Series B), in each case for no consideration as part of a pro-rata distribution of shares by a fund controlled by Battery Ventures.

F2 · balance_after: Represents 1,292,441 shares held by Adams Street 2006 Direct Fund, L.P. (AS 2006), 1,459,524 shares held by Adams Street 2007 Direct Fund, L.P. (AS 2007), 488,982 shares held by Adams Street 2008 Direct Fund, L.P. (AS 2008), 422,934 shares held by Adams Street 2009 Direct Fund, L.P. (AS 2009), 240,250 shares held by Adams Street 2010 Direct Fund, L.P. (AS 2010), 193,017 shares held by Adams Street 2011 Direct Fund LP (AS 2011), 11,233 shares held by AS 2007 US, 14,407 shares held by AS 2008 US, 12,783 shares held by AS 2009 US, 8,993 shares held by AS 2010 US, and 2,003 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 subsidiarythereof), 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: 0001144204-17-012138 · v460889_4.xml · nonDerivative · entry 5

ADAMS STREET PARTNERS LLC · CIK 0001193586 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 2,003

F1 · kind: Represents shares received for no consideration as part of a pro-rata distribution of shares by a fund controlled by Battery Ventures.

F6 · ownership.nature: Represents shares held directly by Adams Street Partnership Fund - 2010 U.S. Fund - Series B, L.P. ("AS 2010 US Series B"). Adams Street Partners, LLC, as the general partner of AS 2010 US Series B, may be deemed to beneficially own the shares held by AS 2010 US Series B. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2010 US Series B. Adams Street Partners, LLC and Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert disclaim beneficial ownership of the shares held by AS 2010 US Series B except to the extent of their pecuniary interest therein.

SEC source: 0001144204-17-012138 · v460889_4.xml · nonDerivative · entry 4

ADAMS STREET PARTNERS LLC · CIK 0001193586 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Foornote

Disclosed balance after: 8,993

F1 · kind: Represents shares received for no consideration as part of a pro-rata distribution of shares by a fund controlled by Battery Ventures.

F5 · ownership.nature: Represents shares held directly by Adams Street Partnership Fund - 2010 U.S. Fund, L.P. ("AS 2010 US"). Adams Street Partners, LLC, as the general partner of AS 2010 US, may be deemed to beneficially own the shares held by AS 2010 US. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2010 US. Adams Street Partners, LLC and Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert disclaim beneficial ownership of the shares held by AS 2010 US except to the extent of their pecuniary interest therein.

SEC source: 0001144204-17-012138 · v460889_4.xml · nonDerivative · entry 3

ADAMS STREET PARTNERS LLC · CIK 0001193586 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 12,783

F1 · kind: Represents shares received for no consideration as part of a pro-rata distribution of shares by a fund controlled by Battery Ventures.

F4 · ownership.nature: Represents shares held directly by Adams Street Partnership Fund - 2009 U.S. Fund, L.P. ("AS 2009 US"). Adams Street Partners, LLC, as the general partner of AS 2009 US, may be deemed to beneficially own the shares held by AS 2009 US. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2009 US. Adams Street Partners, LLC and Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert disclaim beneficial ownership of the shares held by AS 2009 US except to the extent of their pecuniary interest therein.

SEC source: 0001144204-17-012138 · v460889_4.xml · nonDerivative · entry 2

ADAMS STREET PARTNERS LLC · CIK 0001193586 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 14,407

F1 · kind: Represents shares received for no consideration as part of a pro-rata distribution of shares by a fund controlled by Battery Ventures.

F3 · ownership.nature: Represents shares held directly by Adams Street Partnership Fund - 2008 U.S. Fund, L.P. ("AS 2008 US"). Adams Street Partners, LLC, as the general partner of AS 2008 US, may be deemed to beneficially own the shares held by AS 2008 US. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2008 US. Adams Street Partners, LLC and Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert disclaim beneficial ownership of the shares held by AS 2008 US except to the extent of their pecuniary interest therein.

SEC source: 0001144204-17-012138 · v460889_4.xml · nonDerivative · entry 1

ADAMS STREET PARTNERS LLC · CIK 0001193586 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 11,233

F1 · kind: Represents shares received for no consideration as part of a pro-rata distribution of shares by a fund controlled by Battery Ventures.

F2 · ownership.nature: Represents shares held directly by Adams Street Partnership Fund - 2007 U.S. Fund, L.P. ("AS 2007 US"). Adams Street Partners, LLC, as the general partner of AS 2007 US, may be deemed to beneficially own the shares held by AS 2007 US. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2007 US. Adams Street Partners, LLC and Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Michael R. Zappert disclaim beneficial ownership of the shares held by AS 2007 US except to the extent of their pecuniary interest therein.

SEC source: 0001410384-17-000027 · wf-form4_148797053956351.xml · derivative · entry 3

Breeden John E · CIK 0001597609 · EVP, Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 88,750

Underlying: Common Stock · 7,500 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.

F3 · derivative.exercise_date: This option grant vested as to 1/4 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: 0001410384-17-000027 · wf-form4_148797053956351.xml · nonDerivative · entry 2

Breeden John E · CIK 0001597609 · EVP, Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,699

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 $35.15 to $36.375 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: 0001410384-17-000027 · wf-form4_148797053956351.xml · nonDerivative · entry 1

Breeden John E · CIK 0001597609 · EVP, Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,199

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: 0001410384-17-000026 · wf-form4_148780390434771.xml · derivative · entry 4

Breeden John E · CIK 0001597609 · EVP, Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,340

Underlying: Common Stock · 27,340 shares

Expires 2024-02-21

F6 · derivative.exercise_date: This option grant vests 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.

SEC source: 0001410384-17-000026 · wf-form4_148780390434771.xml · nonDerivative · entry 3

Breeden John E · CIK 0001597609 · EVP, Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,699

F5 · shares: Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning February 20, 2018.

SEC source: 0001410384-17-000026 · wf-form4_148780390434771.xml · nonDerivative · entry 2

Breeden John E · CIK 0001597609 · EVP, Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,749

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 $35.50 to $36.00 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: 0001410384-17-000025 · wf-form4_148780388703137.xml · nonDerivative · entry 3

Flake Matthew P · CIK 0001597592 · Director · CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 212,429

F5 · shares: Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning February 20, 2018.

SEC source: 0001410384-17-000025 · wf-form4_148780388703137.xml · nonDerivative · entry 2

Flake Matthew P · CIK 0001597592 · Director · CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 137,429

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 $35.50 to $35.85 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: 0001410384-17-000024 · wf-form4_148780387036155.xml · derivative · entry 4

Benton Barry G · CIK 0001597586 · SVP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,250

Underlying: Common Stock · 25,250 shares

Expires 2024-02-21

F6 · derivative.exercise_date: This option grant vests 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.

SEC source: 0001410384-17-000024 · wf-form4_148780387036155.xml · nonDerivative · entry 3

Benton Barry G · CIK 0001597586 · SVP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,386

F5 · shares: Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning February 20, 2018.

SEC source: 0001410384-17-000024 · wf-form4_148780387036155.xml · nonDerivative · entry 2

Benton Barry G · CIK 0001597586 · SVP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,266

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 $35.50 to $35.95 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: 0001410384-17-000023 · wf-form4_148780385267901.xml · derivative · entry 4

Anderson Adam D · CIK 0001597575 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,240

Underlying: Common Stock · 49,240 shares

Expires 2024-02-21

F6 · derivative.exercise_date: This option grant vests 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.

SEC source: 0001410384-17-000023 · wf-form4_148780385267901.xml · nonDerivative · entry 3

Anderson Adam D · CIK 0001597575 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,805

F5 · shares: Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning February 20, 2018.

SEC source: 0001410384-17-000023 · wf-form4_148780385267901.xml · nonDerivative · entry 2

Anderson Adam D · CIK 0001597575 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,075

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 $35.50 to $35.95 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: 0001410384-17-000022 · wf-form4_148780383585834.xml · derivative · entry 4

Harris Jennifer Noel · CIK 0001597649 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,060

Underlying: Common Stock · 53,060 shares

Expires 2024-02-21

F6 · derivative.expiration_date: This option grant vests 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.

SEC source: 0001410384-17-000022 · wf-form4_148780383585834.xml · nonDerivative · entry 3

Harris Jennifer Noel · CIK 0001597649 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 74,575

F5 · shares: Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning February 20, 2018.

SEC source: 0001410384-17-000022 · wf-form4_148780383585834.xml · nonDerivative · entry 2

Harris Jennifer Noel · CIK 0001597649 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,325

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 $35.50 to $36.00 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: 0001410384-17-000021 · wf-form4_148780380616779.xml · derivative · entry 4

Furrer William M · CIK 0001597593 · Chief Strategy Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,240

Underlying: Common Stock · 49,240 shares

Expires 2024-02-21

F6 · derivative.exercise_date: This option grant vests 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.

SEC source: 0001410384-17-000021 · wf-form4_148780380616779.xml · nonDerivative · entry 3

Furrer William M · CIK 0001597593 · Chief Strategy Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,812

F5 · shares: Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning February 20, 2018.

SEC source: 0001410384-17-000021 · wf-form4_148780380616779.xml · nonDerivative · entry 2

Furrer William M · CIK 0001597593 · Chief Strategy Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,082

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 $35.50 to $35.95 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: 0001410384-17-000020 · wf-form4_148780372666681.xml · derivative · entry 2

Wittenburg Odus Edward Jr · CIK 0001681402 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,740

Underlying: Common Stock · 29,740 shares

Expires 2024-02-21

F2 · derivative.exercise_date: This option grant vests 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.

SEC source: 0001410384-17-000020 · wf-form4_148780372666681.xml · nonDerivative · entry 1

Wittenburg Odus Edward Jr · CIK 0001681402 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 96,910

F1 · shares: Shares of stock acquired represent shares underlying Restricted Stock Units. The Restricted Stock Units vest annually in four equal installments beginning February 20, 2018.

SEC source: 0001410384-17-000026 · wf-form4_148780390434771.xml · nonDerivative · entry 1

Breeden John E · CIK 0001597609 · EVP, Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,249

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 $35.30 to $36.05 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: 0001410384-17-000025 · wf-form4_148780388703137.xml · derivative · entry 4

Flake Matthew P · CIK 0001597592 · Director · CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 184,730

Underlying: Common Stock · 184,730 shares

Expires 2024-02-21

F6 · derivative.exercise_date: This option grant vests 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.