CALIX, INC — Director's Dealing 2016

Feb 5, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CALIX, INC ((CALX))
CIK: 0001406666
Period of Report: 2016-02-02

Reporting Person: Colvin John (SVP, North American Sales)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-02	Restricted Stock Units	$0.0	A	50000	Acquired	2026-02-02	Common Stock (50000.0)	Direct

Footnotes

F1: Each restricted stock unit (RSU) represents a contingent right to receive one share of Calix common stock.

F2: The grant is subject to achievement of certain performance criteria related to fiscal year 2016. Upon achievement of such criteria the award will vest as to 50% in February 2017, and in two equal subsequent annual installments of 25% per year so that the award may be fully vested in February 2019. The number of restricted stock units reported is the targeted amount to be achieved.