4//SEC Filing
Slepian Matthew 4
Accession 0000899243-23-000691
CIK 0001333835other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 6:52 PM ET
Size
13.8 KB
Accession
0000899243-23-000691
Insider Transaction Report
Form 4
Casa Systems IncCASA
Slepian Matthew
Corporate Controller
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-01-01−5,470→ 10,942 total→ Common Stock (5,470 underlying) - Exercise/Conversion
Restricted Stock Units
2023-01-01−13,889→ 41,667 total→ Common Stock (13,889 underlying) - Tax Payment
Common Stock
2023-01-01$2.73/sh−6,707$18,310→ 38,496 total - Exercise/Conversion
Common Stock
2023-01-01+5,470→ 31,314 total - Exercise/Conversion
Common Stock
2023-01-01+13,889→ 45,203 total
Footnotes (5)
- [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 Restricted Stock Unit ("RSU") represents the right to receive one share of common stock, $0.001 par value per share (the "Common Stock") of Casa Systems, Inc. (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 the vesting date, less applicable taxes.
- [F4]These RSUs are scheduled to vest over four years, with 25% of the 21,882 shares underlying the award vesting on January 1, 2022, and 25% of the shares underlying the award vesting at the end of each successive one-year period thereafter. These RSUs have no expiration date.
- [F5]These RSUs are scheduled to vest over four years, with 25% of the 55,556 shares underlying the award vesting on January 1, 2023, and 25% of the shares underlying the award vesting at the end of each successive one-year period thereafter. The RSUs have no expiration date.
Documents
Issuer
Casa Systems Inc
CIK 0001333835
Entity typeother
Related Parties
1- filerCIK 0001804155
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 6:52 PM ET
- Size
- 13.8 KB