4//SEC Filing
Guo Jerry 4
Accession 0000899243-23-009531
CIK 0001333835other
Filed
Mar 22, 8:00 PM ET
Accepted
Mar 23, 6:15 PM ET
Size
28.2 KB
Accession
0000899243-23-009531
Insider Transaction Report
Form 4
Casa Systems IncCASA
Guo Jerry
DirectorPresident & CEO10% Owner
Transactions
- Exercise/Conversion
Common Stock
2023-03-21+381,796→ 12,014,518 total - Exercise/Conversion
Common Stock
2023-03-21+401,011→ 11,632,722 total - Tax Payment
Common Stock
2023-03-21$1.16/sh−693,378$804,318→ 11,883,258 total - Exercise/Conversion
Restricted Stock Units
2023-03-21−407,249→ 0 total→ Common Stock (407,249 underlying) - Exercise/Conversion
Common Stock
2023-03-21+89,185→ 11,231,711 total - Exercise/Conversion
Common Stock
2023-03-21+407,249→ 12,421,767 total - Award
Restricted Stock Units
2023-03-21+154,869→ 154,869 total→ Common Stock (154,869 underlying) - Exercise/Conversion
Restricted Stock Units
2023-03-21−154,869→ 0 total→ Common Stock (154,869 underlying) - Exercise/Conversion
Common Stock
2023-03-21+154,869→ 12,576,636 total - Exercise/Conversion
Restricted Stock Units
2023-03-21−89,185→ 0 total→ Common Stock (89,185 underlying) - Exercise/Conversion
Restricted Stock Units
2023-03-21−401,011→ 0 total→ Common Stock (401,011 underlying) - Exercise/Conversion
Restricted Stock Units
2023-03-21−381,796→ 0 total→ Common Stock (381,796 underlying)
Footnotes (9)
- [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 units.
- [F2]Shares withheld by the Company to satisfy tax withholding requirements on vesting of RSUs. No shares were sold.
- [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 March 14, 2023 (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 March 21, 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 23, 2021 was fully accelerated and all of the shares underlying the award became vested as of March 21, 2023. The RSUs have no expiration date.
- [F6]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 March 21, 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 March 21, 2023. The RSUs have no expiration date.
- [F8]These RSUs are subject to performance-based vesting, the conditions for which are met upon the Company's level of achievement of pre-established performance parameters, as approved by the Company's Board of Directors, and subject to the other terms and conditions set forth in the applicable RSU agreement. These RSUs have no expiration date.
- [F9]Pursuant to the Separation Agreement, the vesting of the RSUs granted to the reporting person on May 11, 2022 was fully accelerated and all of the shares underlying the award became vested as of March 21, 2023. The RSUs have no expiration date.
Documents
Issuer
Casa Systems Inc
CIK 0001333835
Entity typeother
Related Parties
1- filerCIK 0001724043
Filing Metadata
- Form type
- 4
- Filed
- Mar 22, 8:00 PM ET
- Accepted
- Mar 23, 6:15 PM ET
- Size
- 28.2 KB