Company: QLYS
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001140361-25-015182
Chunk: 24

Company: QUALYS, INC.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 24
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 months prior to such date will be granted an award of restricted stock units with an intended “value” (based on the average of the closing prices of our common stock for the 30 trading days ending one week before the applicable grant date) of $250,000 (the “Annual Award”), which may be different from the award’s actual grant date fair value. Annual Awards will vest on the earlier of the first anniversary of its grant date or the day before the next annual meeting of stockholders, subject to continued service to us through the applicable vesting date. Prior to amendment of our non-employee director compensation program on October 30, 2024, the intended “value” of Annual Awards was $200,000 Notwithstanding the vesting schedules described above, the vesting of each Initial Award and each Annual Award will accelerate in full upon a “change in control” (as defined in our 2012 Equity Incentive Plan) of Qualys. Cash Compensation Our non-employee director compensation program provides that each year, each non-employee director will receive a cash retainer of $35,000 for serving on our board of directors (the “Annual Retainer”). In addition to the Annual Retainer, the non-employee Chair of the Board is entitled to an additional cash retainer of $50,000. The chairpersons and members of our board’s three standing committees are entitled to the following cash retainers each year:

| Board Committee                     |     | ChairpersonRetainer |     |   Member 
 Retainer |
| Audit and Risk Committee            |     |             $20,000 |     |  $10,000 |
| Compensation and Talent Committee   |     |              15,000 |     |    7,500 |
| Nominating and Governance Committee |     |              10,000 |     |    5,000 |

| 19 |

Each non-employee director who serves as a committee chair will receive only the additional annual cash fee as the chair of the committee, and not the additional annual fee as a member of the committee. All retainers in cash are paid in four equal installments on a quarterly basis at the end of the applicable quarter, provided that the individual served as a non-employee director in the applicable capacity during the full quarter. If a director did not serve in the applicable capacity for the full quarter, retainers are pro-rated, unless otherwise approved by the board of directors. Insider Trading Policies(Including Hedging and Pledging Policy)