GROSSER ADAM 4
4 · CALIX, INC · Filed Apr 22, 2010
Insider Transaction Report
Form 4
CALIX, INCCALX
GROSSER ADAM
Director
Transactions
- Award
Common Stock
2010-04-22+4,533→ 4,533 total - Award
Stock Option (right to buy)
2010-04-20+10,000→ 10,000 totalExercise: $14.61Exp: 2020-04-20→ Common Stock (10,000 underlying)
Holdings
- 62,524(indirect: See Footnotes)
Common Stock
- 2,880,916(indirect: See Footnotes)
Common Stock
Footnotes (5)
- [F1]Consists of 4,533 restricted stock units ("RSUs"). The Reporting Person is entitled to receive one (1) share of Common Stock for each one (1) RSU upon vesting. The RSUs shall vest annually over three (3) years such that 1,511 of the RSUs will vest on April 22, 2011, 1,511 of the RSUs will vest on April 22, 2012, and the remaining 1,511 of the RSUs will vest on April 22, 2013.
- [F2]Shares held by Foundation Capital V Principals Fund, LLC.
- [F3]Shares held by Foundation Capital V, L.P.
- [F4]The sole general partner of Foundation Capital V, LP and Foundation Capital V Principals Fund, LLC is Foundation Capital Management Co. V, LLC. The managers of Foundation Capital Management Co. V, LLC are William B. Elmore, Adam Grosser, Paul R. Holland, Paul G. Koontz, Charles P. Moldow, Richard A. Redelfs, Michael N. Schuh and Warren M. Weiss. These individuals may be deemed to have shared voting and investment power of the shares held by Foundation Capital V, LP and Foundation Capital V Principals Fund, LLC. Each of these individuals disclaims beneficial ownership of such shares, except to the extent of his or her pecuniary interest therein.
- [F5]33% of the shares subject to the option will vest and become exercisable one (1) year after April 20, 2010 (the "Vesting Commencement Date"), and 1/36th of the total number of shares will vest and become exercisable in twenty-four (24) successive and equal monthly installments thereafter, such that 100% of the shares subject to the option will be fully vested and exercisable on the third anniversary of the Vesting Commencement Date.