Company: QLYS
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001140361-25-015182
Chunk: 53

Company: QUALYS, INC.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 53
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Based on the achievement against the applicable performance metrics discussed above, the quarterly and aggregate actual amounts awarded to our named executive officers for 2024 were as follows:

| 2024 Corporate Bonus Plan—Actual Award Amount |

| Named Executive Officer |     | Q1 Award 
   Amount |     | Q2 Award 
   Amount |     | Q3 Award 
   Amount |     | Q4 Award 
   Amount |     |     Total 
 Amount(1) |
| Sumedh S. Thakar        |     | $142,050 |     |  $62,550 |     | $151,800 |     | $132,523 |     |  $488,923 |
| Joo Mi Kim              |     |   53,269 |     |   23,456 |     |   56,925 |     |   74,951 |     |   208,601 |
| Bruce K. Posey          |     |   44,983 |     |   19,808 |     |   48,070 |     |   50,837 |     |   163,698 |

| (1) | In 2024, the non-equity incentive plan paid out at approximately 81% of target. |

| 47 |

Equity Compensation We use equity awards to incentivize and reward strong long-term corporate performance and to align the interests of our named executive officers with those of our stockholders. Continuing the practice we introduced in 2021 based on feedback from our stockholders, the equity award grants for our named executive officers that were approved in 2024 were a mix of time-based RSU and PRSUs. RSUs serve to retain our named executive officers over the long-term and align with our objective of long-term stockholder value creation. PRSUs drive long-term stockholder value creation and more strongly align our named executive officers’ interests with the interests of the Company and its stockholders. The PRSUs will provide significant value to our named executive officers only if the Company achieves specific operational goals since the PRSUs will vest only if these goals are achieved. As discussed in “ Executive Compensation Highlights” above, the Compensation and Talent Committee changed the timing with respect to establishing PRSU performance goals, which impacts the amounts reported in the Summary Compensation Table for 2024. Each year, we evaluate granting equity awards to our named executive officers to provide additional incentive to continue providing services to us. When determining the size