QUALYS, INC. — Director's Dealing 2017

Jan 19, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALYS, INC. (QLYS)
CIK: 0001107843
Period of Report: 2017-01-13

Reporting Person: COURTOT PHILIPPE F (Director, Chairman, President & CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-13	Common Stock	M	935762	$1.90	Acquired	6023304	Direct
2017-01-13	Common Stock	F	457080	$34.15	Disposed	5566224	Direct
2017-01-18	Common Stock	M	20	$1.90	Acquired	5566244	Direct
2017-01-18	Common Stock	F	10	$33.65	Disposed	5566234	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-13	Stock Option (right to buy)	$1.90	M	935762	Disposed	2017-01-24	Common Stock (935762)	Direct
2017-01-18	Stock Option (right to buy)	$1.90	M	20	Disposed	2017-01-24	Common Stock (20)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	100000	Indirect

Footnotes

F1: The reported shares were withheld to cover the Reporting Person's tax liability in connection with the exercise of stock options.

F2: These shares are held directly by a custodian under the Uniform Gifts to Minors Act for the benefit of the Reporting Person's minor child.

F3: This option is fully vested and immediately exercisable.