CALIX, INC — Director's Dealing 2011

Jul 22, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CALIX, INC (calx)
CIK: 0001406666
Period of Report: 2011-07-19

Reporting Person: Banta Tony (SVP, Manufacturing Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-19	Common Stock	A	40000	—	Acquired	166183	Direct
2011-07-20	Common Stock	F	3501	$21.67	Disposed	162682	Direct

Footnotes

F1: Restricted stock awards ("RSAs").The shares subject to the RSA will vest in four (4) successive and equal annual installments measured from July 20, 2011 ("Vesting Start Date") such that 100% of the shares subject to the RSAs will be fully vested on the fourth anniversary of the Vesting Start Date.

F2: Includes 75,000 restricted stock units and 40,000 restricted stock awards.

F3: Includes 67,500 restricted stock units and 40,000 restricted stock awards.