QUALYS, INC. — Director's Dealing 2014

Feb 14, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALYS, INC. (QLYS)
CIK: 0001107843
Period of Report: 2014-02-12

Reporting Person: POSEY BRUCE K (VP, GC and Corp. Sec.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-12	Common Stock	M	30000	$8.90	Acquired	30000	Direct
2014-02-12	Common Stock	S	30000	$26.8501	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-12	Stock Option (right to buy)	$8.90	M	30000	Disposed	2022-06-06	Common Stock (30000)	Direct

Footnotes

F1: The sale transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 14, 2013.

F2: The sale price for this transaction reported in column 4 of Table I represents the weighted average sale price of the shares sold, ranging from $25.55 to $28.66 per share. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.

F3: The option is subject to an early exercise provision and is immediately exercisable. One fourth of the shares subject to the option vest on May 21, 2013 and one forty-eighth of the shares vest monthly thereafter.