Sumedh S. Thakar - 14 Aug 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
Issuer symbol
QLYS
Transactions as of
14 Aug 2023
Net transactions value
-$755,651
Form type
4
Filing time
16 Aug 2023, 17:11:42 UTC
Previous filing
08 Aug 2023
Next filing
18 Sep 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 $99,385 +3,250 +2.1% $30.58* 158,399 14 Aug 2023 Direct F1
transaction QLYS Common Stock Sale $262,980 -1,744 -1.1% $150.79 156,655 14 Aug 2023 Direct F1, F2
transaction QLYS Common Stock Sale $279,929 -1,844 -1.2% $151.81 154,811 14 Aug 2023 Direct F1, F3
transaction QLYS Common Stock Sale $215,522 -1,415 -0.91% $152.31 153,396 14 Aug 2023 Direct F1, F4
transaction QLYS Common Stock Award $2,779 +28 +0.02% $99.26 153,424 15 Aug 2023 Direct F5

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 $99,385 -3,250 -11% $30.58* 25,911 14 Aug 2023 Common Stock 3,250 $30.58 Direct F1, F6
* 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 $150.25 to $151.06 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 $151.13 to $152.12 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 $152.13 to $153.11 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 These shares were acquired on August 15, 2023 through the Issuer's Employee Stock Purchase Plan in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
F6 This option is fully vested and immediately exercisable.