SEC Form 4 · accession 0001406666-18-000004
CALIX, INC · CALX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sheila Cheung
Officer — VP, Finance & Accounting
Period of report
Feb 20, 2018
Accepted (ET)
Feb 22, 2018 · 7:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001406666
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 20, 2018 | M | 1,656 | $0.00 | A | 1,656 | D | |
| Common StockF2 | Feb 20, 2018 | F | 677 | $6.90 | D | 979 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | $0.00 | Feb 20, 2018 | M | 1,656 | D | — | — | Common Stock | 1,656 | 14,907 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock upon vesting.
- F2Represents shares withheld by the issuer to satisfy certain tax withholding obligations associated with the vesting of RSUs.
- F3The 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.