QUALYS, INC. — Director's Dealing 2020

Nov 20, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALYS, INC. (QLYS)
CIK: 0001107843
Period of Report: 2020-11-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-17	Common Stock	M	59895	$25.56	Acquired	5268774	Direct
2020-11-17	Common Stock	S	15481	$90.6895	Disposed	5253293	Direct
2020-11-17	Common Stock	S	44412	$91.2838	Disposed	5208881	Direct
2020-11-17	Common Stock	S	2	$92.04	Disposed	5208879	Direct
2020-11-18	Common Stock	M	83463	$25.56	Acquired	5292342	Direct
2020-11-18	Common Stock	S	28716	$89.6013	Disposed	5263626	Direct
2020-11-18	Common Stock	S	51742	$90.4516	Disposed	5211884	Direct
2020-11-18	Common Stock	S	3005	$91.2174	Disposed	5208879	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-17	Stock Option (right to buy)	$25.56	M	59895	Disposed	2026-04-28	Common Stock (59895)	Direct
2020-11-18	Stock Option (right to buy)	$25.56	M	83463	Disposed	2026-04-28	Common Stock (83463)	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 $90.02 to $91.014 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 $91.02 to $91.50 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.

F4: The sale price represents the weighted average price of the shares sold ranging from $89.10 to $90.09 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 $90.10 to $91.08 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 $91.13 to $91.45 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.