| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | (CALX) | Common Stock | Sale | -$890K | -23.7K | -0.63% | $37.53 | 3.72M | Aug 2, 2024 | Direct | F1 |
| transaction | (CALX) | Common Stock | Sale | -$48.8K | -1.28K | -0.03% | $38.14 | 3.72M | Aug 2, 2024 | Direct | F2 |
| holding | (CALX) | Common Stock | 2.24M | Aug 2, 2024 | See Footnote | F3 | |||||
| holding | (CALX) | Common Stock | 13.8K | Aug 2, 2024 | See Footnote | F4 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $37.13 to $38.10, inclusive. Full information on the number of shares sold at each sale price is available upon request. |
| F2 | The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $38.1225 to $38.18, inclusive. Full information on the number of shares sold at each sale price is available upon request. |
| F3 | Shares held by The Crescentico Trust, Carl Russo, Trustee. |
| F4 | Shares 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 interest therein. |
Sales reported on the Form 4 were effected pursuant to a previously established Rule 10b5-1 trading plan.