QUALYS, INC. — Director's Dealing 2017

Feb 16, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALYS, INC. (QLYS)
CIK: 0001107843
Period of Report: 2017-02-13

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-13	Common Stock	S	8093	$35.004	Disposed	7033	Direct
2017-02-15	Common Stock	M	8093	$8.90	Acquired	15126	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-15	Stock Option (right to buy)	$8.90	M	8093	Disposed	2022-06-06	Common Stock (8093)	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 22, 2016.

F2: The sale price represents the weighted average price of the shares sold ranging from $35.00 to $35.05 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 amount of securities beneficially owned following the reported transactions reflects a temporary reduction as of February 13, 2017 and a subsequent exercise of an option by the Reporting Person on February 15, 2017 for a number of shares equal to the disposed securities.

F4: The option is subject to an early exercise provision and is immediately exercisable. One fourth of the shares subject to the option vested on May 21, 2013 and one forty-eighth of the shares vest monthly thereafter.