CALIX, INC — Director's Dealing 2014

Jan 31, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CALIX, INC ((CALX))
CIK: 0001406666
Period of Report: 2014-01-28

Reporting Person: Russo Carl (Director, President & CEO, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-01-28	Stock Option (right to buy)	$8.18	A	120000	Acquired	2024-01-28	Common Stock (120000.0)	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 shall vest on the 28th day of each month, with completion of vesting to occur on 1/28/2018.