QUALYS, INC. — Director's Dealing 2018

Aug 7, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALYS, INC. (QLYS)
CIK: 0001107843
Period of Report: 2018-08-03

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-03	Common Stock	M	20000	$3.80	Acquired	5458092	Direct
2018-08-03	Common Stock	S	1728	$83.9441	Disposed	5456364	Direct
2018-08-03	Common Stock	S	17471	$84.7581	Disposed	5438893	Direct
2018-08-03	Common Stock	S	501	$85.5438	Disposed	5438392	Direct
2018-08-03	Common Stock	S	300	$86.8333	Disposed	5438092	Direct
2018-08-06	Common Stock	M	20000	$3.80	Acquired	5458092	Direct
2018-08-06	Common Stock	S	1300	$85.8538	Disposed	5456792	Direct
2018-08-06	Common Stock	S	14584	$86.8209	Disposed	5442208	Direct
2018-08-06	Common Stock	S	4116	$87.3947	Disposed	5438092	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-08-03	Stock Option (right to buy)	$3.80	M	20000	Disposed	2019-12-02	Common Stock (20000)	Direct
2018-08-06	Stock Option (right to buy)	$3.80	M	20000	Disposed	2019-12-02	Common Stock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	100000	Indirect

Footnotes

F1: The sale transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 24, 2018.

F2: The sale price represents the weighted average price of the shares sold ranging from $83.40 to $84.25 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 sale price represents the weighted average price of the shares sold ranging from $84.35 to $85.30 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.

F4: The sale price represents the weighted average price of the shares sold ranging from $85.35 to $86.15 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.

F5: The sale price represents the weighted average price of the shares sold ranging from $86.50 to $87.00 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.

F6: The sale price represents the weighted average price of the shares sold ranging from $85.30 to $86.25 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.

F7: The sale price represents the weighted average price of the shares sold ranging from $86.30 to $87.25 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.

F8: The sale price represents the weighted average price of the shares sold ranging from $87.30 to $87.50 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.

F9: 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.

F10: The option is fully vested and immediately exercisable.