QUALYS, INC. — Director's Dealing 2017

Nov 3, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALYS, INC. (QLYS)
CIK: 0001107843
Period of Report: 2017-11-01

Reporting Person: Thakar Sumedh S (Chief Product Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-01	Common Stock	M	15000	$12.68	Acquired	211346	Direct
2017-11-01	Common Stock	S	15000	$55.05	Disposed	196346	Direct
2017-11-01	Common Stock	F	6216	$55.75	Disposed	190130	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-01	Stock Option (right to buy)	$12.68	M	15000	Disposed	2023-02-06	Common Stock (15000)	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 30, 2017.

F2: The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units.

F3: The option is fully vested and immediately exercisable.