SEC Form 4 · accession 0001209191-17-052451
QUALYS, INC. · QLYS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sumedh S Thakar
Officer — Chief Product Officer
Period of report
Sep 8, 2017
Accepted (ET)
Sep 12, 2017 · 5:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001107843
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Sep 8, 2017 | M | 10,000 | $12.68 | A | 132,051 | D | |
| Common Stock | Sep 8, 2017 | S | 10,000 | $50.00 | D | 122,051 | D | |
| Common Stock | Sep 11, 2017 | M | 2,000 | $12.68 | A | 124,051 | D | |
| Common StockF2 | Sep 11, 2017 | S | 2,000 | $51.2975 | D | 122,051 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $12.68 | Sep 8, 2017 | M | 10,000 | D | — | Feb 6, 2023 | Common Stock | 10,000 | 64,011 | D |
| Stock Option (right to buy)F3 | $12.68 | Sep 11, 2017 | M | 2,000 | D | — | Feb 6, 2023 | Common Stock | 2,000 | 62,011 | D |
Explanation of responses
- F1The sale transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 30, 2017.
- F2The sale price represents the weighted average price of the shares sold ranging from $50.75 to $51.60 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.
- F3The option is subject to an early exercise provision and was immediately exercisable. One thirty-sixth of the shares subject to the option vested on March 07, 2013 and one thirty-sixth of the shares subject to the option vested monthly thereafter.