Company: QLYS
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001140361-25-015182
Chunk: 50

Company: QUALYS, INC.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 50
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| Bruce K. Posey          |     |          380,000 |     |        390,000 |

The total base salaries paid to our named executive officers during 2024 are set forth in the section entitled “2024 Summary Compensation Table” below. Non-Equity Incentive Plan Compensation 2024 Corporate Bonus Plan To motivate and reward our named executive officers to achieve our annual financial and operational objectives and our long-term strategic and growth goals, we provide cash incentive compensation to them based on meeting one or more corporate performance objectives. The objectives change from year to year as we grow and market conditions evolve and different priorities are established, but our Compensation and Talent Committee selects challenging objectives that are achievable only by strong performance. Our named executive officers participated in our 2024 Corporate Bonus Plan, which provided them with an opportunity to receive formula-based incentive amounts on a quarterly basis. Our Compensation and Talent Committee decided this was the most appropriate measure of time to determine achievement of our short-term objectives because it aligns with the time periods for which we give external guidance. Our Compensation and Talent Committee typically reviews and considers adjustments to our named executive officers’ target bonus opportunities on an annual basis. When doing so, our Compensation and Talent Committee considers factors such as the prevalent practices among our peer group companies, the mix of our target pay program between fixed vs. variable compensation and cash vs. equity compensation, internal equity among our executive officers, and recent company and individual performance. In October 2024, we increased the target bonus percentages for Ms. Kim and Mr. Posey, effective for the Q4 performance period and as set forth in the table below.

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The target bonus opportunity under the 2024 Corporate Bonus Plan, expressed as a percentage of each named executive officer’s base salary for that quarter as of the last day of the applicable quarter, of each named executive officer that participated in the 2024 Corporate Bonus Plan is listed in the table below.

| Named Executive Officer |     | Target Bonus   
 Percentage for 
 Q1             |     | Target Bonus   
 Percentage for 
 Q2             |     | Target Bonus   
 Percentage for 
 Q3             |     | Target Bonus   
 Percentage for 
 Q4             |
| Sumedh S. Thakar        |     | 100%           |     | 100%           |     | 100%           |     | 100%           |
| Joo Mi Kim              |     | 50%            |     | 50%            |