SEC Form 4 · accession 0001406666-17-000111
CALIX, INC · CALX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cory Sindelar
Officer — Chief Financial Officer
Period of report
Oct 1, 2017
Accepted (ET)
Oct 3, 2017 · 9:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001406666
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1,F2 | $5.05 | Oct 1, 2017 | A | 300,000 | A | — | Oct 1, 2027 | Common Stock | 300,000 | 300,000 | D |
Explanation of responses
- F1The closing fair market value of the issuer's common stock on September 29, 2017.
- F225% of these stock options will vest on the first anniversary of the grant date. Thereafter, the remainder of these stock options will vest quarterly in substantially equal installments over the next 36 months, subject to Reporting Person's continued service through each vesting date.