Calix, Inc. Files Definitive Proxy Statement (DEF 14A)

Ticker: CALX · Form: DEF 14A · Filed: Mar 28, 2024 · CIK: 1406666

Calix, Inc DEF 14A Filing Summary
FieldDetail
CompanyCalix, Inc (CALX)
Form TypeDEF 14A
Filed DateMar 28, 2024
Risk Levellow
Pages16
Reading Time20 min
Key Dollar Amounts$0.025
Sentimentneutral

Sentiment: neutral

Topics: DEF 14A, Proxy Statement, Calix Inc, Executive Compensation, Corporate Governance

TL;DR

<b>Calix, Inc. has filed its Definitive Proxy Statement for the fiscal year ended December 31, 2023.</b>

AI Summary

CALIX, INC (CALX) filed a Proxy Statement (DEF 14A) with the SEC on March 28, 2024. Filing is a Definitive Proxy Statement (DEF 14A) for Calix, Inc. The reporting period for the filing is the fiscal year ended December 31, 2023. The filing was made on March 28, 2024. The company's principal executive offices are located at 2777 Orchard Parkway, San Jose, CA 95134. The filing includes information related to executive compensation for the fiscal years 2020-2023.

Why It Matters

For investors and stakeholders tracking CALIX, INC, this filing contains several important signals. This filing is crucial for shareholders to understand executive compensation, board nominations, and other corporate governance matters before the annual meeting. The detailed breakdown of equity awards and their year-over-year changes provides insight into the company's incentive structures and potential future dilution.

Risk Assessment

Risk Level: low — CALIX, INC shows low risk based on this filing. The filing is a routine DEF 14A, providing standard disclosures on executive compensation and corporate governance, with no immediate financial or operational red flags.

Analyst Insight

Shareholders should review the executive compensation details and any proposed governance changes to make informed voting decisions.

Executive Compensation

NameTitleTotal Compensation
Michael WeeningMember
Carl RussoMember

Key Numbers

  • 2023-12-31 — Fiscal Year End (Conformed Period of Report)
  • 2024-03-28 — Filing Date (Filed As Of Date)
  • 4899 — Standard Industrial Classification (SIC Code for Communication Services, NEC)
  • 001-34674 — SEC File Number (SEC Filing Identifier)

Key Players & Entities

  • CALIX, INC (company) — Filer
  • DEF 14A (document) — Filing Type
  • 2024-03-28 (date) — Filed As Of Date
  • 2023-12-31 (date) — Conformed Period of Report
  • 2777 ORCHARD PARKWAY (address) — Business Address
  • SAN JOSE (location) — Business Address City
  • CA (location) — Business Address State
  • 95134 (postal_code) — Business Address Zip

FAQ

When did CALIX, INC file this DEF 14A?

CALIX, INC filed this Proxy Statement (DEF 14A) with the SEC on March 28, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by CALIX, INC (CALX).

Where can I read the original DEF 14A filing from CALIX, INC?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by CALIX, INC.

What are the key takeaways from CALIX, INC's DEF 14A?

CALIX, INC filed this DEF 14A on March 28, 2024. Key takeaways: Filing is a Definitive Proxy Statement (DEF 14A) for Calix, Inc.. The reporting period for the filing is the fiscal year ended December 31, 2023.. The filing was made on March 28, 2024..

Is CALIX, INC a risky investment based on this filing?

Based on this DEF 14A, CALIX, INC presents a relatively low-risk profile. The filing is a routine DEF 14A, providing standard disclosures on executive compensation and corporate governance, with no immediate financial or operational red flags.

What should investors do after reading CALIX, INC's DEF 14A?

Shareholders should review the executive compensation details and any proposed governance changes to make informed voting decisions. The overall sentiment from this filing is neutral.

Risk Factors

  • Disclosure Requirements [low — regulatory]: The company must comply with SEC regulations for proxy statement filings, including detailed disclosures on executive compensation and corporate governance.
  • Equity Awards Valuation [medium — financial]: The fair value of equity awards granted can fluctuate, impacting reported compensation and potential future dilution.

Key Dates

  • 2023-12-31: Fiscal Year End — Defines the reporting period for the proxy statement.
  • 2024-03-28: Filing Date — Date the Definitive Proxy Statement was filed with the SEC.

Glossary

DEF 14A
Definitive Proxy Statement filed with the SEC. (This filing provides essential information for shareholders regarding company matters to be voted on at the annual meeting.)

Filing Stats: 4,886 words · 20 min read · ~16 pages · Grade level 11.8 · Accepted 2024-03-27 17:42:41

Key Financial Figures

  • $0.025 — Calix, Inc. are shares of common stock, $0.025 par value per share ("common stock"), o

Filing Documents

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 14 PROPOSAL NO. 1—ELECTION OF DIRECTORS 17 Nominees for Election to a Three-Year Term Expiring at the 202 7 Annual Meeting of Stockholders 18 Current Directors Continuing in Office Until the 202 5 Annual Meeting of Stockholders 20 Current Directors Continuing in Office Until the 202 6 Annual Meeting of Stockholders 21 Our Executive Officers 23 Independence of the Board 23 PROPOSAL NO. 2 —APPROVAL ON A NON-BINDING, ADVISORY BASIS OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS ("SAY-ON-PAY") 24 PROPOSAL NO. 3 —RATIFICATION OF SELECTION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 26 Principal Accountant Fees and Services 26

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 27 Compensation Discussion and Analysis 27 Summary Compensation Table 39 Grants of Plan-Based Awards in 202 3 40 Outstanding Equity Awards as of December 31, 2023 42 Option Exercises and Stock Vested in 202 3 43 Potential Payments Upon Termination or Change of Control 43 CEO PAY RATIO 45 DIRECTOR COMPENSATION 49 EQUITY COMPENSATION PLAN INFORMATION 52 COMPENSATION COMMITTEE REPORT 53 AUDIT COMMITTEE REPORT 54 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 55 HOUSEHOLDING OF PROXY MATERIALS 55 OTHER MATTERS 56 ANNUAL REPORTS 56 APPENDIX A : RECONCILIATION OF GAAP TO NON-GAAP MEASURES (UNAUDITED) A- 1 i Table of Contents CALIX, INC. 2777 Orchard Parkway San Jose, California 95134 PROXY STATEMENT FOR THE 2024 ANNUAL MEETING OF STOCKHOLDERS IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE STOCKHOLDER MEETING TO BE HELD ON MAY 9, 2024 The Board of Directors of Calix, Inc. is soliciting your proxy to vote at the virtual Annual Meeting of Stockholders to be held on May 9, 2024, at 10:45 a.m. Pacific Daylight Time, and any adjournment or postponement of that meeting ("Annual Meeting"). The Annual Meeting will be held via live webcast only at www.virtualshareholdermeeting.com/CALX2024 . We have elected to provide access to our proxy materials on the Internet. Accordingly, we are sending a Notice of Internet Availability of Proxy Materials ("Notice") to our stockholders of record as of March 11, 2024 ("Record Date"), while brokers and other nominees who hold shares on behalf of beneficial owners will be sending their own similar notice. All stockholders will have the ability to access the proxy materials on the website referred to in the Notice or to request a printed set of the proxy materials. Instructions on how to request a printed copy by mail or email may be found in the Notice and on the website referred to in the Notice, including an option to request paper copie

View Full Filing

View this DEF 14A filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.