CHEUNG SHEILA 4
4 · CALIX, INC · Filed Feb 22, 2018
Insider Transaction Report
Form 4
CALIX, INC(CALX)
CHEUNG SHEILA
VP, Finance & Accounting
Transactions
- Exercise/Conversion
Common Stock
2018-02-20+1,656→ 1,656 total - Tax Payment
Common Stock
2018-02-20$6.90/sh−677$4,671→ 979 total - Exercise/Conversion
Restricted Stock Units
2018-02-20−1,656→ 14,907 totalExercise: $0.00→ Common Stock (1,656 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock upon vesting.
- [F2]Represents shares withheld by the issuer to satisfy certain tax withholding obligations associated with the vesting of RSUs.
- [F3]The reporting person was granted 26,500 RSUs as reported on the Form 3 filed on June 27, 2016. 25% of the RSUs vested on May 20, 2017 and 6.25% of the total RSUs granted will continue to vest in quarterly increments until the RSUs are fully vested, subject to Reporting Person's continued service through each vesting date.