Company: CALX
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001406666-25-000011
Chunk: 82

Company: CALIX, INC
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 82
---
         |     |                |   536,085 |     |       |     |              |  9,900 |     |            |     |       | 6,695,270 |
|                                       |     | 2022 |     |      |     | 358,750 |     |        |         |     |   3,821 |     |       |   |     |  5,876,529 |     |         |           |     | 265,722 |     |                |           |     | 9,150 |     |              |        |     |  6,513,972 |     |       |           |

(1) Amounts reported in 2024 represent the grant date fair value of the 2024 Performance-based Stock Option grants to each of Messrs. Weening, Sindelar, Collins and Eleniak, calculated assuming maximum achievement of performance goals. The amounts as reported were calculated in accordance with ASC Topic 718, excludes the impact of estimated forfeitures related to service-based vesting conditions, and are not adjusted for subsequent changes in our stock performance or the level of ultimate vesting. For a further discussion of the 2024 stock option grants, see above under “ 2024 Stock Option Awards. ” For a discussion of the assumptions used in the valuations of the stock options, see Note 7 of the Notes to Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2024.

(2) Amounts reported for 2024 represent (i) employer matching contributions of $10,350 we made for Messrs. Sindelar, Collins, and Eleniak pursuant to our U.S. 401(k) Plan, (ii) reimbursements we made pursuant to our Lifestyle Reimbursement Program in the amounts of $1,169 for Mr. Weening, $335 for Mr. Sindelar, and $1,200 for Mr. Collins, (iii) payments we made pursuant to our Leadership Cares program, along with a tax gross-up, in the amounts of $334 with a tax gross-up of $113 to Mr. Sindelar, $342 with a tax gross-up of $154 to Mr. Collins, and $93 net with a tax gross-up of $42 to Mr. Eleniak, and (iv) employer matching contributions of $8,175 we made for Mr. Weening to