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Filing Details

Accession Number:: 0001181431-10-018850
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-03-30 13:00:00
Reporting Period:: 2010-03-26

Filing Date:: 2010-03-30
Accepted Time:: 2010-03-30 20:30:08
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1406666	Calix Inc	CALX	Communications Services, Nec (4899)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1163715	E Michael Marks	C/O Riverwood Capital Llc 70 Willow Road, Suite 100 Menlo Park CA 94025		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2010-03-26	682,723	$0.00	682,723	No	4	C	Indirect	See Footnotes
Common Stock	Acquisiton	2010-03-26	179,963	$0.00	862,686	No	4	C	Indirect	See Footnotes
Common Stock	Disposition	2010-03-26	295,370	$13.00	567,316	No	4	S	Indirect	See Footnotes
Common Stock	Acquisiton	2010-03-26	63,119	$0.00	63,119	No	4	C	Indirect	See Footnotes
Common Stock	Disposition	2010-03-26	33,333	$13.00	29,786	No	4	S	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	See Footnotes
No	4	C	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	C	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series I Preferred Stock	Disposition	2010-03-26	537,584	$0.00	682,723	$0.00
Common Stock	Series J Preferred Stock	Disposition	2010-03-26	179,963	$0.00	179,963	$0.00
Common Stock	Series J Preferred Stock	Disposition	2010-03-26	63,119	$0.00	63,119	$0.00
Common Stock	Stock Option (right to buy)	Acquisiton	2009-10-13	14,000	$0.00	14,000	$6.80

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		No	4	C	Indirect
0		No	4	C	Indirect
0		No	4	C	Indirect
14,000	2019-10-12	No	4	A	Direct

Footnotes

Reflects a 2-for-3 reverse stock split of the Issuer's outstanding securities effected immediately prior to the effectiveness of the Issuer's S-1 Registration Statement (the "Reverse Stock Split").
Each share of Series I Preferred Stock was automatically converted on a 1.27-for-1 basis into Common Stock upon the closing of the Issuer's initial public offering.
Shares held by Riverwood Capital LLC.
Each share of Series J Preferred Stock was automatically converted on a 1-for-1 basis into Common Stock upon the closing of the Issuer's initial public offering.
Shares held by WB Investors, LLC.
Includes 558 shares, as adjusted to reflect the Reverse Stock Split (708 shares, as converted), acquired by Riverwood Capital LLC on March 26, 2010 as a payment-in-kind dividend on shares of Series I Preferred Stock.
The shares are immediately convertible.
The shares do not have an expiration date.
The manager of Riverwood Capital, LLC is Ironwood Management, LLC. The sole member of Ironwood Management, LLC is Michael Marks. The manager of WB Investors, LLC is Michael Marks. Mr. Marks disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
On October 13, 2009, the Reporting Person was granted an option to purchase up to 21,000 shares of the Issuer's Common Stock at an exercise price of $4.53 per share. For purposes of this Form 4, the number of shares subject to the option and the option exercise price have been adjusted to reflect the Reverse Stock Split.
1/3rd of the shares subject to the option vest on August 17, 2010, and 1/24th of the remaining shares vest monthly thereafter, such that 100% of the shares subject to the option will be fully vested on August 17, 2012.