QUALYS, INC. — Director's Dealing 2020

Nov 24, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALYS, INC. (QLYS)
CIK: 0001107843
Period of Report: 2020-11-19

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-19	Common Stock	M	73248	$25.56	Acquired	5282127	Direct
2020-11-19	Common Stock	S	11783	$88.5727	Disposed	5270344	Direct
2020-11-19	Common Stock	S	61465	$89.3782	Disposed	5208879	Direct
2020-11-20	Common Stock	M	43257	$25.56	Acquired	5252136	Direct
2020-11-20	Common Stock	S	3300	$89.2939	Disposed	5248836	Direct
2020-11-20	Common Stock	S	10915	$90.5033	Disposed	5237921	Direct
2020-11-20	Common Stock	S	29042	$91.2951	Disposed	5208879	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-19	Stock Option (right to buy)	$25.56	M	73248	Disposed	2026-04-28	Common Stock (73248)	Direct
2020-11-20	Stock Option (right to buy)	$25.56	M	43257	Disposed	2026-04-28	Common Stock (43257)	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 August 24, 2020.

F2: The sale price represents the weighted average price of the shares sold ranging from $87.91 to $88.90 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 $88.91 to $89.82 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 $88.86 to $89.82 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 $89.90 to $90.88 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 $90.91 to $91.73 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: 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.

F8: The option is fully vested and immediately exercisable.