QUALYS, INC. — Director's Dealing 2016

Sep 14, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALYS, INC. (QLYS)
CIK: 0001107843
Period of Report: 2016-09-09

Reporting Person: Thakar Sumedh S (Chief Product Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-09-09	Common Stock	M	1600	$5.90	Acquired	57335	Direct
2016-09-09	Common Stock	S	1600	$35.7681	Disposed	55735	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-09-09	Stock Option (right to buy)	$5.90	M	1600	Disposed	2021-11-03	Common Stock (1600)	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 May 27, 2016.

F2: The sale price represents the weighted average price of the shares sold ranging from $35.42 to $36.03 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 within the range set forth in this Form 4.

F3: The option is subject to an early exercise provision and was immediately exercisable. One forty-eighth of the shares subject to the option vested on December 4,2011 and one forty-eighth of the shares subject to the option vested monthly thereafter.