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CALIX, INC — Director's Dealing 2017
Nov 23, 2017
31174_dirs_2017-11-22_a07d537e-f938-462a-b8a0-29352d660a1f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CALIX, INC ((CALX))
CIK: 0001406666
Period of Report: 2017-11-20
Reporting Person: CHEUNG SHEILA (VP, Finance & Accounting)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-11-20 | Common Stock | M | 1656 | — | Acquired | 1656 | Direct |
| 2017-11-20 | Common Stock | F | 623 | $6.90 | Disposed | 1033 | Direct |
| 2017-11-22 | Common Stock | S | 1033 | $6.91 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-11-20 | Restricted Stock Units | $0.0 | M | 1656 | Disposed | Common Stock (1656.0) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock upon vesting.
F2: Represents shares withheld by the issuer to satisfy certain tax withholding obligations associated with the vesting of RSUs.
F3: The reporting person was granted 26,500 RSUs as reported on the Form 3 filed on June 27, 2016. 25% of the RSUs vested on May 20, 2017 and 6.25% of the total RSUs granted will continue to vest in quarterly increments until the RSUs are fully vested, subject to Reporting Person's continued service through each vesting date.