CALIX, INC — Director's Dealing 2017

Oct 4, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CALIX, INC ((CALX))
CIK: 0001406666
Period of Report: 2017-10-01

Reporting Person: SINDELAR CORY (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-10-01	Stock Option (right to buy)	$5.05	A	300000	Acquired	2027-10-01	Common Stock (300000.0)	Direct

Footnotes

F1: The closing fair market value of the issuer's common stock on September 29, 2017.

F2: 25% of these stock options will vest on the first anniversary of the grant date. Thereafter, the remainder of these 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.