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CALIX, INC Director's Dealing 2010

Nov 9, 2010

31174_dirs_2010-11-08_0b0493ad-9ddd-4c78-b58c-6884978cacaf.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CALIX, INC (CALX)
CIK: 0001406666
Period of Report: 2010-11-05

Reporting Person: LISTWIN DONALD J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-05	Common Stock	M	3750	$9.54	Acquired	451214	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-05	Stock Option (right to buy)	$9.54	M	3750	Disposed	2020-01-26	Common Stock (3750)	Direct

Footnotes

F1: Consists of 13,932 restricted stock units.

F2: The shares subject to the option vest in twelve (12) successive and equal monthly installments measured from January 26, 2010, such that 100% of the shares subject to the option will be fully vested and exercisable on January 26, 2011.

F3: Reflects update of expiration date due to correction of typographical error in prior Form 4 filing.