Sumedh S. Thakar - Oct 26, 2023 Form 4 Insider Report for QUALYS, INC. (QLYS)

Signature
/s/ Bruce Posey by power of attorney for Sumedh S. Thakar
Stock symbol
QLYS
Transactions as of
Oct 26, 2023
Transactions value $
$0
Form type
4
Date filed
10/30/2023, 05:50 PM
Previous filing
Oct 18, 2023
Next filing
Nov 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QLYS Common Stock Award $0 +45.6K +30.38% $0.00 195K Oct 26, 2023 Direct F1
* 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 reported securities represent restricted stock units which vest quarterly in equal installments over four years after November 1, 2023, subject to the Reporting Person's continued service through each vesting date.