CALIX, INC. (NYSE:CALX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

CALIX, INC. (NYSE:CALX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers

At a regularly scheduled meeting of the Board of Directors (the
Board) of Calix, Inc. (the Company) held on March 30, 2017, the
Board determined to move one of the directors from Class II (with
a term expiring at the 2018 annual meeting of stockholders) to
Class III (with a term expiring at the 2019 annual meeting of
stockholders) following the retirement of Mr. Thomas Pardun from
the Board on May 17, 2017 to achieve a more equal balance of
membership among the three classes of directors. Accordingly, on
May 17, 2017, Mr. Carl Russo resigned as a Class II director and
was immediately re-appointed to the Board as a Class III
director. The resignation and reappointment of Mr. Russo was
effected solely to satisfy the requirements of the Delaware
General Corporation Law, and for all other purposes, Mr. Russos
service on the Board is deemed to have continued uninterrupted.
Item 5.07 Submission of Matters to a Vote of Security Holders.
At the annual meeting of stockholders of the Company on May 17,
2017, the stockholders approved the following proposals, casting
their votes as follows:
Proposal 1: To elect two Class I directors to the Calix Board to
serve until the 2020 annual meeting of stockholders or until
their successors are elected:
Nominee
For
Withheld
Broker Non-Votes
Kevin DeNuccio
19,346,380
13,367,341
12,106,312
Michael Matthews
32,313,435
400,286
12,106,312
Proposal 2: To approve the Amended and Restated Employee Stock
Purchase Plan (ESPP) to increase the number of shares of common
stock issuable under the ESPP by 3,000,000:
For
Against
Abstained
Broker Non-Votes
32,617,558
80,352
15,811
12,106,312
Proposal 3: To approve the 2017 Nonqualified Employee Stock
Purchase Plan:
For
Against
Abstained
Broker Non-Votes
32,436,610
261,337
15,774
12,106,312
Proposal 4: To approve, on a non-binding, advisory basis, the
compensation of the Companys named executive officers:
For
Against
Abstained
Broker Non-Votes
32,090,090
607,827
15,804
12,106,312
Proposal 5: To approve, on a non-binding, advisory basis, the
frequency of future advisory votes to approve the compensation of
the Companys named executive officers:
1 Year
2 Years
3 Years
Abstained
Broker Non-Votes
26,728,242
16,208
5,957,860
11,411
12,106,312
Proposal 6: To ratify the selection of KPMG LLP as Calixs
independent registered public accounting firm for the fiscal year
ending December 31, 2017:
For
Against
Abstained
44,627,501
58,781
133,751


About CALIX, INC. (NYSE:CALX)

Calix, Inc. is a provider of broadband communications access systems and software for fiber- and copper-based network architectures that enable communications service providers (CSPs), to transform their networks and connect to their residential and business subscribers. The Company enables CSPs to provide a range of revenue-generating services, from basic voice and data to advanced broadband services, over legacy and next-generation access networks. The Company develops and sells carrier-class hardware and software products, which it refers to as the Unified Access portfolio. The Company’s Unified Access portfolio consists of four core systems and nodes, the E-Series access systems and nodes (E-Series systems and nodes), the B6 access nodes (B-Series nodes), the C7 multiservice, multiprotocol access system (C-Series system), and the BLM1500 gigabit passive optical network (GPON) access terminal.

CALIX, INC. (NYSE:CALX) Recent Trading Information

CALIX, INC. (NYSE:CALX) closed its last trading session down -0.20 at 6.70 with 188,542 shares trading hands.

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