4//SEC Filing
Eleniak Shane Todd Marshall 4
Accession 0001628280-22-002334
CIK 0001406666other
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 4:17 PM ET
Size
11.4 KB
Accession
0001628280-22-002334
Insider Transaction Report
Form 4
CALIX, INC(CALX)
Eleniak Shane Todd Marshall
Chief Product Officer
Transactions
- Award
Stock Option (right to buy)
2022-02-10+116,520→ 116,520 totalExercise: $36.74Exp: 2031-02-11→ Common Stock (116,520 underlying) - Award
Stock Option (right to buy)
2022-02-10+125,000→ 125,000 totalExercise: $55.96From: 2023-02-10Exp: 2032-02-10→ Common Stock (125,000 underlying)
Footnotes (2)
- [F1]On February 11, 2021, the reporting person was awarded a performance-based nonqualified stock option grant covering 120,000 shares of common stock. On February 10, 2022, the Compensation Committee of Calix, Inc. determined that the performance criteria governing 97.1% of the grant had been achieved, resulting in a nonqualified stock option award of 116,520 shares of common stock for the reporting person. The nonqualified stock option award shall vest: (i) as to 25% of the shares of common stock subject to the stock option award, on February 11, 2022; and (ii) as to the remaining 75% of the shares of common stock subject to the stock option award, quarterly in equal installments over 36 months from February 11, 2022.
- [F2]25% of each option grant will vest on the one-year anniversary of the grant date, with the remainder vesting quarterly thereafter in substantially equal installments over the next 36 months, subject to the employee's continued employment with Calix through the applicable vesting dates. Notwithstanding the foregoing, no shares issued upon exercise of the grant may be transferred in any manner prior to the second anniversary of the date such shares vested.
Issuer
CALIX, INC
CIK 0001406666
Entity typeother
Related Parties
1- filerCIK 0001886143
Filing Metadata
- Form type
- 4
- Filed
- Feb 10, 7:00 PM ET
- Accepted
- Feb 11, 4:17 PM ET
- Size
- 11.4 KB