QUALYS, INC. — Director's Dealing 2020

May 29, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALYS, INC. (QLYS)
CIK: 0001107843
Period of Report: 2020-05-27

Reporting Person: BERGERON SANDRA E. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-27	Common Stock	M	12000	$13.50	Acquired	50514	Direct
2020-05-27	Common Stock	M	12000	$22.31	Acquired	62514	Direct
2020-05-27	Common Stock	M	12000	$40.68	Acquired	74514	Direct
2020-05-27	Common Stock	S	12574	$110.6256	Disposed	61940	Direct
2020-05-27	Common Stock	S	20694	$111.2385	Disposed	41246	Direct
2020-05-27	Common Stock	S	100	$112.88	Disposed	41146	Direct
2020-05-27	Common Stock	S	1900	$114.6137	Disposed	39246	Direct
2020-05-27	Common Stock	S	732	$116.5016	Disposed	38514	Direct
2020-05-28	Common Stock	S	3888	$112.7207	Disposed	34626	Direct
2020-05-28	Common Stock	S	5118	$113.6034	Disposed	29508	Direct
2020-05-28	Common Stock	S	4737	$114.8518	Disposed	24771	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-27	Stock Option (right to buy)	$13.50	M	12000	Disposed	2023-06-04	Common Stock (12000)	Direct
2020-05-27	Stock Option (right to buy)	$22.31	M	12000	Disposed	2024-06-04	Common Stock (12000)	Direct
2020-05-27	Stock Option (right to buy)	$40.68	M	12000	Disposed	2025-06-04	Common Stock (12000)	Direct

Footnotes

F1: The sale price represents the weighted average price of the shares sold ranging from $110.05 to $111.04 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.

F2: The sale price represents the weighted average price of the shares sold ranging from $111.10 to $111.895 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 $114.10 to $115.02 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 $116.36 to $116.695 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 $112.16 to $113.14 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 $113.17 to $114.16 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 $114.21 to $115.03 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: Shares subject to the option vested in twelve equal monthly installments beginning on June 4, 2013.

F9: Shares subject to the option vested in twelve equal monthly installments beginning on June 4, 2014.

F10: Shares subject to the option vested in twelve equal monthly installments beginning on June 4, 2015.