Michael Weening - 10 Feb 2022 Form 4 Insider Report for CALIX, INC (CALX)

Reporting relationship: President & COO
Issuer ticker: CALX
Reported as of: 10 Feb 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 11 Feb 2022, 15:22:32 UTC
Prior SEC filing: 29 Nov 2021
Next SEC filing: 15 Feb 2022
Source filing: View source filing
Reporting owner signature: /s/ Tom Gemetti as Attorney in Fact for Michael Weening

Key filing fact

Michael Weening filed Form 4 for CALIX, INC (CALX) on 11 Feb 2022.

Key facts

This page summarizes Michael Weening's Form 4 filing for CALIX, INC (CALX).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 11 Feb 2022, 15:22.

Change

Previous filing in this sequence was filed on 29 Nov 2021.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CALX transaction Derivative

Stock Option (right to buy)

Award

Transaction value: $0
Shares: +97,100
Change %
Price: $0.000000
Shares after: 97,100
Date: 10 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 97,100
Exercise price: $36.74
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

On February 11, 2021, the reporting person was awarded a performance-based nonqualified stock option grant covering 100,000 shares of common stock. On February 10, 2022, the Compensation Committee of Calix, Inc. determined that the performance criteria governing 97.1% of the grant had been achieved, resulting in a nonqualified stock option award of 97,100 shares of common stock for the reporting person. The nonqualified stock option award shall vest: (i) as to 25% of the shares of common stock subject to the stock option award, on February 11, 2022; and (ii) as to the remaining 75% of the shares of common stock subject to the stock option award, quarterly in equal installments over 36 months from February 11, 2022.