Sumedh S. Thakar - May 30, 2023 Form 4 Insider Report for QUALYS, INC. (QLYS)

Role
CEO & President, Director
Signature
/s/ Bruce Posey by power of attorney for Sumedh S. Thakar
Stock symbol
QLYS
Transactions as of
May 30, 2023
Transactions value $
-$3,733,715
Form type
4
Date filed
6/1/2023, 06:42 PM
Previous filing
May 2, 2023
Next filing
Jun 6, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QLYS Common Stock Options Exercise $99.4K +3.25K +1.93% $30.58* 172K May 30, 2023 Direct F1
transaction QLYS Common Stock Options Exercise $677K +18.2K +10.58% $37.28* 190K May 30, 2023 Direct F1
transaction QLYS Common Stock Sale -$1.27M -10.3K -5.41% $123.30 180K May 30, 2023 Direct F1, F2
transaction QLYS Common Stock Sale -$1.21M -9.75K -5.43% $124.00 170K May 30, 2023 Direct F1, F3
transaction QLYS Common Stock Sale -$18.3K -146 -0.09% $125.17 170K May 30, 2023 Direct F1, F4
transaction QLYS Common Stock Sale -$212K -1.67K -0.98% $126.76 168K May 30, 2023 Direct F1, F5
transaction QLYS Common Stock Sale -$67.6K -529 -0.31% $127.72 167K May 30, 2023 Direct F1, F6
transaction QLYS Common Stock Sale -$103K -799 -0.48% $128.45 167K May 30, 2023 Direct F1, F7
transaction QLYS Common Stock Options Exercise $255K +6.83K +4.1% $37.28* 173K May 31, 2023 Direct F1
transaction QLYS Common Stock Sale -$686K -5.47K -3.15% $125.35 168K May 31, 2023 Direct F1, F8
transaction QLYS Common Stock Sale -$172K -1.36K -0.81% $126.24 167K May 31, 2023 Direct F1, F9

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction QLYS Stock Option (right to buy) Options Exercise -$99.4K -3.25K -8.35% $30.58* 35.7K May 30, 2023 Common Stock 3.25K $30.58 Direct F1, F10
transaction QLYS Stock Option (right to buy) Options Exercise -$677K -18.2K -36.33% $37.28* 31.8K May 30, 2023 Common Stock 18.2K $37.28 Direct F1, F10
transaction QLYS Stock Option (right to buy) Options Exercise -$255K -6.83K -21.46% $37.28* 25K May 31, 2023 Common Stock 6.83K $37.28 Direct F1, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
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 February 28, 2023.
F2 The sale price represents the weighted average price of the shares sold ranging from $122.64 to $123.63 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 $123.64 to $124.62 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 $124.65 to $125.46 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 $126.21 to $127.18 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 $127.40 to $127.97 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 $128.41 to $128.52 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 $125.00 to $125.975 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 The sale price represents the weighted average price of the shares sold ranging from $126.00 to $126.56 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.
F10 This option is fully vested and immediately exercisable.