CALIX, INC — Director's Dealing 2011

Mar 29, 2011

SEC Form 4/A — Form 4/A

Issuer: CALIX, INC (calx)
CIK: 0001406666
Period of Report: 2011-03-21

Reporting Person: Ashby Michael (Director, Executive VP and CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-21	Stock Option (right to buy)	$18.86	A	200000	Acquired	2021-03-21	Common Stock (200000)	Direct

Footnotes

F1: 25% of the shares subject to the option will vest and become exercisable one (1) year after March 21, 2011 (the "Vesting Commencement Date"), and 1/48th of the total number of shares will vest and become exercisable in thirty-six (36) successive and equal monthly installments thereafter, such that 100% of the shares subject to the option will be fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date.