EVERETT MICHAEL T 4
4 · CALIX, INC · Filed Jul 21, 2011
Insider Transaction Report
Form 4
CALIX, INCCALX
EVERETT MICHAEL T
Director
Transactions
- Award
Common Stock
2011-07-19+2,266→ 35,487 total - Award
Stock Option (right to buy)
2011-07-19+5,000→ 5,000 totalExercise: $21.67Exp: 2021-07-19→ Common Stock (5,000 underlying)
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 19, 2011.
- [F2]Includes 4,532 restricted stock units.
- [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 19, 2011 ("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.