EVERETT MICHAEL T 4
4 · CALIX, INC · Filed Jul 22, 2010
Insider Transaction Report
Form 4
CALIX, INCCALX
EVERETT MICHAEL T
Director
Transactions
- Award
Stock Option (right to buy)
2010-07-20+5,000→ 5,000 totalExercise: $10.85Exp: 2020-07-20→ Common Stock (5,000 underlying) - Award
Common Stock
2010-07-20+2,266→ 38,221 total
Footnotes (3)
- [F1]Restricted stock units ("RSUs"). The Reporting Person is entitled to receive one (1) share of Common Stock for each one (1) RSU upon vesting. 100% of the RSUs shall vest on the first anniversary following July 20, 2010.
- [F2]Consists of 25,598 RSUs.
- [F3]1/12th of the shares subject to the option will vest and become exercisable in twelve (12) successive and equal monthly installments after July 20, 2010 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested and exercisable on the first anniversary of the Vesting Commencement Date.