CALIX, INC — Director's Dealing 2017

Nov 4, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CALIX, INC ((CALX))
CIK: 0001406666
Period of Report: 2017-11-01

Reporting Person: Billings Gregory A. (SVP, Services)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-01	Stock Option (right to buy)	$5.45	A	50000	Acquired	2027-11-01	Common Stock (50000.0)	Direct

Footnotes

F1: 25% of the stock options will vest on December 19, 2017. Thereafter, the remaining stock options will vest quarterly in substantially equal installments over the next 36 months, subject to Reporting Person's continued service through each vesting date.