4//SEC Filing
Xie Lucy 4
Accession 0000899243-23-001506
CIK 0001333835other
Filed
Jan 9, 7:00 PM ET
Accepted
Jan 10, 6:00 PM ET
Size
25.6 KB
Accession
0000899243-23-001506
Insider Transaction Report
Form 4
Casa Systems IncCASA
Xie Lucy
DirectorSVP of Operations
Transactions
- Exercise/Conversion
Common Stock
2023-01-08+321,875→ 2,773,232 total - Exercise/Conversion
Restricted Stock Units
2023-01-08−321,875→ 0 total→ Common Stock (321,875 underlying) - Exercise/Conversion
Common Stock
2023-01-08+106,606→ 2,307,555 total - Exercise/Conversion
Common Stock
2023-01-08+143,802→ 2,451,357 total - Exercise/Conversion
Restricted Stock Units
2023-01-08−106,606→ 0 total→ Common Stock (106,606 underlying) - Exercise/Conversion
Common Stock
2023-01-08+31,570→ 2,200,949 total - Exercise/Conversion
Common Stock
2023-01-08+128,750→ 2,901,982 total - Exercise/Conversion
Restricted Stock Units
2023-01-08−31,570→ 0 total→ Common Stock (31,570 underlying) - Exercise/Conversion
Restricted Stock Units
2023-01-08−128,750→ 0 total→ Common Stock (128,750 underlying) - Tax Payment
Common Stock
2023-01-08$3.27/sh−272,545$889,859→ 2,629,437 total - Exercise/Conversion
Restricted Stock Units
2023-01-08−143,802→ 0 total→ Common Stock (143,802 underlying)
Footnotes (8)
- [F1]Restricted stock units ("RSUs") converted into common stock, $0.001 par value per share (the "Common Stock"), of Casa Systems, Inc. (the "Company") on a one-for-one basis upon vesting of the RSUs.
- [F2]Shares withheld by the Company to satisfy tax withholding requirements on vesting of RSUs.
- [F3]Each RSU represents the right to receive one share of Common Stock upon vesting, subject to the reporting person's continued service relationship with the Company and the other terms and conditions set forth in the applicable RSU agreement. In the sole discretion of the Company's board of directors, the Company may, with respect to any applicable vesting date, deliver to the reporting person Common Stock or cash having a fair market value equal to the number of shares of Common Stock underlying the portion of the RSU that vested on such date, payable within 30 days of the vesting date, less applicable taxes.
- [F4]Pursuant to the Separation Agreement entered into by the Company and the reporting person on November 29, 2022 (the "Separation Agreement"), the vesting of the RSUs granted to the reporting person on February 5, 2019 was fully accelerated and all of the shares underlying the award became vested as of January 8, 2023. The RSUs have no expiration date.
- [F5]Pursuant to the Separation Agreement, the vesting of the RSUs granted to the reporting person on February 25, 2020 was fully accelerated and all of the shares underlying the award became vested as of January 8, 2023. The RSUs have no expiration date.
- [F6]Pursuant to the Separation Agreement, the vesting of the RSUs granted to the reporting person on February 23, 2021 was fully accelerated and all of the shares underlying the award became vested as of January 8, 2023. The RSUs have no expiration date.
- [F7]Pursuant to the Separation Agreement, the vesting of the RSUs granted to the reporting person on May 9, 2022 was fully accelerated and all of the shares underlying the award became vested as of January 8, 2023. The RSUs have no expiration date.
- [F8]Pursuant to the Separation Agreement, the vesting of the RSUs granted to the reporting person on May 9, 2022 was fully accelerated and all of the shares underlying the award became vested as of January 8, 2023. The RSUs have no expiration date.
Documents
Issuer
Casa Systems Inc
CIK 0001333835
Entity typeother
Related Parties
1- filerCIK 0001723967
Filing Metadata
- Form type
- 4
- Filed
- Jan 9, 7:00 PM ET
- Accepted
- Jan 10, 6:00 PM ET
- Size
- 25.6 KB