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CALIX, INC — Director's Dealing 2010
Jul 22, 2010
31174_dirs_2010-07-22_871b1a8f-9916-44b4-acf1-fe7b6ee45255.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: 2010-07-20
Reporting Person: EVERETT MICHAEL T (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-07-20 | Common Stock | A | 2266 | $0.00 | Acquired | 38221 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-07-20 | Stock Option (right to buy) | $10.85 | A | 5000 | Acquired | 2020-07-20 | Common Stock (5000) | Direct |
Footnotes
F1: Restricted stock units ("RSUs"). The Reporting Person is entitled to receive one (1) share of Common Stock for each one (1) RSU upon vesting. 100% of the RSUs shall vest on the first anniversary following July 20, 2010.
F2: Consists of 25,598 RSUs.
F3: 1/12th of the shares subject to the option will vest and become exercisable in twelve (12) successive and equal monthly installments after July 20, 2010 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested and exercisable on the first anniversary of the Vesting Commencement Date.