Company: CALX
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001406666-25-000011
Chunk: 81

Company: CALIX, INC
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 81
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 Compensation Committee will consider the implications of Section 409A in determining the form and timing of compensation awarded to our executives and will strive to structure any nonqualified deferred compensation plans or arrangements to be exempt from or to comply with the requirements of Section 409A.

#### Section 162(m) of the Internal Revenue Code
Section 162(m) disallows a tax deduction for any publicly-held corporation for individual compensation exceeding $1 million in any taxable year for our CEO, our CFO, any employee who is one of the top three highest compensated executive officers for the tax year; or for any employee who was an NEO for any preceding taxable year beginning after December 31, 2016 referred to as “covered employees.” The Talent and Compensation Committee does not take the deductibility limit imposed by Section 162(m) into consideration in setting compensation.

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#### Accounting for Stock-Based Compensation
We follow Financial Accounting Standards Board Accounting Standards Codification Topic 718 (“ASC Topic 718”) for our stock-based compensation awards. ASC Topic 718 requires companies to calculate the grant date “fair value” of their stock-based awards using a variety of assumptions. ASC Topic 718 also requires companies to recognize the compensation cost of their stock-based awards in their income statements over the period that an employee is required to render service in exchange for the award. Grants of stock options and other stock-based awards under our equity incentive award plans will be accounted for under ASC Topic 718. Our Talent and Compensation Committee will regularly consider the accounting implications of significant compensation decisions, especially in connection with decisions that relate to our equity incentive award plans and programs. As accounting standards change, we may revise certain programs to appropriately align accounting expenses of our equity awards with our overall executive compensation philosophy and objectives.

#### Summary Compensation Table
The following table sets forth all of the compensation awarded to, earned by or paid to our NEOs during 2024, 2023 and 2022.

| Name and Principal Position           |     |      |     | Year |     |         |     | Salary 
 ($)    |         |     |         |     | Bonus 
 ($)   |   |     |            |     | Option  
 Awards  
 ($) (1) |           |     |         |     | Non-Equity     
 Incentive Plan 
 Compensation   
 ($)            |           |     |       |     | All Other    
 Compensation 
 ($) (2)      |        |     |            |     | Total 
 ($)   |           |
|