CALIX, INC — Director's Dealing 2012

Feb 28, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CALIX, INC (CALX)
CIK: 0001406666
Period of Report: 2012-02-23

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-23	Stock Option (right to buy)	$10.71	A	55000	Acquired	2022-02-23	Common Stock (55000)	Direct

Footnotes

F1: Non Qualified Stock Options ("NQs"). The shares underlying this Option shall vest in accordance to the following schedule: 1/48th of the total number of shares subject to the option shalll vest on the 23rd day of each month, with completion of vesting to occur on 02/23/2016.