CALIX, INC 4
4 · CALIX, INC · Filed Feb 4, 2016
Insider Transaction Report
Form 4
CALIX, INC(CALX)
Atkins William J
Executive VP and CFO
Transactions
- Award
Restricted Stock Units
2016-02-02+50,000→ 50,000 totalExercise: $0.00Exp: 2026-02-02→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit (RSU) represents a contingent right to receive one share of Calix common stock.
- [F2]The grant is subject to achievement of certain performance criteria related to fiscal year 2016. Upon achievement of such criteria the award will vest as to 50% in February 2017, and in two equal subsequent annual installments of 25% per year so that the award may be fully vested in February 2019. The number of restricted stock units reported is the targeted amount to be achieved.