CALIX, INC — Director's Dealing 2020

May 26, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CALIX, INC ((CALX))
CIK: 0001406666
Period of Report: 2020-05-22

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-22	Stock Option (right to buy)	$12.63	A	800000	Acquired	2030-05-22	Common Stock (800000.0)	Direct

Footnotes

F1: 25% of the shares subject to the stock option grant will vest on May 22, 2021, with the remainder vesting quarterly thereafter in substantially equal installments over the next 36 months, subject to the reporting person's service through each applicable vesting date.