KATHLEEN M. CRUSCO - 11 May 2023 Form 4/A - Amendment Insider Report for CALIX, INC (CALX)

Role
Director
Signature
/s/ Tom Gemetti as Attorney-in-Fact for Kathleen M. Crusco
Issuer symbol
CALX
Transactions as of
11 May 2023
Net transactions value
$0
Form type
4/A - Amendment
Filing time
19 May 2023, 17:25:58 UTC
Date Of Original Report
12 May 2023
Previous filing
31 Mar 2023
Next filing
03 Oct 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CALX Common Stock Award $0 +8,183 $0.000000 8,183 11 May 2023 Common Stock 8,183 $42.79 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests and becomes exercisable with respect to 100% of the shares of common stock underlying the option on the earlier of (i) the one-year anniversary of the date of grant (May 11, 2023) or (ii) the day immediately preceding the date of the annual meeting of stockholders that occurs in the year following the year of grant.

Remarks:

The original Form 4, filed on May 12, 2023, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported the number of shares of the Issuer's common stock subject to an option granted to the Reporting Person as 7,160 shares, when in fact the correct number was 8,183 shares. The option was granted automatically to the Reporting Person on date of the annual meeting of stockholders held on May 11, 2023, pursuant to the Issuer's non-employee director equity compensation policy.