Company: QLYS
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001107843-25-000017
Chunk: 135

Company: QUALYS, INC.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part II, Item 5
Chunk 135
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 if all transactions under the trading arrangement are completed.

No other director or officer, as defined in Rule 16a-1(f), adopted or terminated a "Rule 10b5-1 trading arrangement" or a "non-Rule 10b5-1 trading arrangement," each as defined in Regulation S-K Item 408, during the three months ended March 31, 2025.

Lease Amendment

We are providing the following disclosure in lieu of filing a Current Report on Form 8-K relating to Item 1.01 (Entry into a Material Definitive Agreement) and Item 2.03 (Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant).

On May 1, 2025, the Company entered into a second amendment (the “Amendment”) to that certain Lease Agreement dated October 14, 2016, as amended to date, by and between the Company and Hudson Metro Center, LLC (the “Lease”), pursuant to which the Company leases its headquarters building in Foster City, California. The Amendment is effective as of May 1, 2025, and its primary effect is to modify the Company's existing lease payments and extend the term of the Lease until April 30, 2034 for an aggregate base rent of $30.4 million, payable monthly with escalating rental payments throughout the lease term, subject to options to renew the Lease for additional periods as set forth in the Amendment. The Amendment also addresses terms relating to expenses and taxes, and improvements to the premises.

The foregoing summary of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, a copy of which will be filed with the Company's quarterly report on Form 10-Q for the quarter ending June 30, 2025.

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