4//SEC Filing
Bruckner Scott 4
Accession 0000950170-23-048201
CIK 0001333835other
Filed
Sep 13, 8:00 PM ET
Accepted
Sep 14, 4:30 PM ET
Size
7.6 KB
Accession
0000950170-23-048201
Insider Transaction Report
Form 4
Casa Systems IncCASA
Bruckner Scott
Interim CFO
Transactions
- Exercise/Conversion
Common Stock
2023-09-13+22,936→ 190,762 total - Exercise/Conversion
Restricted Stock Units
2023-09-13+22,936→ 229,358 total→ Common Stock (22,936 underlying)
Footnotes (3)
- [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]Each RSU represents the right to receive one share of Common Stock of 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 the vesting date, less applicable taxes.
- [F3]The RSUs are scheduled to vest over three years, with 1/12th of the shares underlying the award vesting on June 13, 2023, and the remainder of the shares underlying the award vesting in eleven equal quarterly installments thereafter. The RSUs have no expiration date.
Documents
Issuer
Casa Systems Inc
CIK 0001333835
Entity typeother
Related Parties
1- filerCIK 0001802372
Filing Metadata
- Form type
- 4
- Filed
- Sep 13, 8:00 PM ET
- Accepted
- Sep 14, 4:30 PM ET
- Size
- 7.6 KB