SEC Form 4 · accession 0001483757-16-000005
CALIX, INC · CALX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl Russo
Officer — President & CEO · Director · 10% Owner
Period of report
Feb 2, 2016
Accepted (ET)
Feb 5, 2016 · 7:49 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 2, 2016 | A | 24,999 | $0.00 | A | 3,251,902 | D | |
| Common StockF2 | holding | — | — | — | 2,239,188 | I | See Footnote | |
| Common StockF3 | holding | — | — | — | 284,653 | I | See Footnote | |
| Common StockF4 | holding | — | — | — | 275,633 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Performance stock units ("PSUs"), as based upon performance goal achievement certified by the Compensation Committee of the Board of Directors on February 2, 2016. Settlement of the PSU share release to the Reporting Person is expected to occur on February 10, 2016.
- F2Shares held by The Crescentico Trust, Carl Russo, Trustee.
- F3Shares held by Calgrat Partners, L.P. The managing partner of Calgrat Partners, L.P. is Tim Pasquinelli. Carl Russo and Tim Pasquinelli may be deemed to have shared voting and investment power over the shares held by Calgrat Partners, L.P. Each of these individuals disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- F4Shares held by Equanimous Investments. The managing members of Equanimous Investments are Carl Russo and Tim Pasquinelli. These individuals may be deemed to have shared voting and investment power over the shares held by Equanimous Investments. Each of these individuals disclaims beneficial ownership of such shares, except to the extent of his pecuniary interst therein.