CALIX, INC — Director's Dealing 2014

Mar 27, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CALIX, INC ((CALX))
CIK: 0001406666
Period of Report: 2014-03-25

Reporting Person: Atkins William J (Executive VP and CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-25	Stock Option (right to buy)	$8.61	A	300000	Acquired	2024-03-25	Common Stock (300000.0)	Direct

Footnotes

F1: Non-Qualified Stock Options ("NQs"). Twenty-five percent (25%) of the shares subject to the option will vest and become exercisable one (1) year after February 10, 2014, (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.