4//SEC Filing
Durkin Edward 4
Accession 0000950170-23-028988
CIK 0001333835other
Filed
Jun 19, 8:00 PM ET
Accepted
Jun 20, 6:03 PM ET
Size
9.2 KB
Accession
0000950170-23-028988
Insider Transaction Report
Form 4
Casa Systems IncCASA
Durkin Edward
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2023-06-17$1.10/sh−21,289$23,418→ 92,329 total - Exercise/Conversion
Common Stock
2023-06-17+72,537→ 113,618 total - Exercise/Conversion
Restricted Stock Units
2023-06-17+72,537→ 217,612 total→ Common Stock (72,537 underlying)
Footnotes (4)
- [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 RSU.
- [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 of the Company 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 thevesting date, less applicable taxes.
- [F4]The RSUs are scheduled to vest over one year, with 25% of the shares underlying the award vesting on June 17, 2023, and the remainder of the shares underlying the award vesting in three equal quarterly installments thereafter. The RSUs have no expiration date.
Documents
Issuer
Casa Systems Inc
CIK 0001333835
Entity typeother
Related Parties
1- filerCIK 0001919899
Filing Metadata
- Form type
- 4
- Filed
- Jun 19, 8:00 PM ET
- Accepted
- Jun 20, 6:03 PM ET
- Size
- 9.2 KB