4//SEC Filing
Bhatnagar Atul 4
Accession 0001140361-19-011996
CIK 0001738177other
Filed
Jun 27, 8:00 PM ET
Accepted
Jun 28, 5:25 PM ET
Size
26.1 KB
Accession
0001140361-19-011996
Insider Transaction Report
Form 4
Bhatnagar Atul
DirectorCEO
Transactions
- Conversion
Ordinary Shares
2019-06-28+205,926→ 686,420 total - Conversion
Class B Units
2019-06-28−1,169,762→ 0 total→ Ordinary Shares (205,926 underlying) - Conversion
Ordinary Shares
2019-06-28+205,926→ 480,494 total - Conversion
Ordinary Shares
2019-06-28+137,284→ 823,704 total - Conversion
Ordinary Shares
2019-06-28+5,265→ 828,969 total - Conversion
Class B Units
2019-06-28−231,876→ 0 total→ Ordinary Shares (5,265 underlying) - Conversion
Ordinary Shares
2019-06-28+274,568→ 274,568 total - Conversion
Ordinary Shares
2019-06-28+5,265→ 834,234 total - Conversion
Class B Units
2019-06-28−1,559,682→ 0 total→ Ordinary Shares (274,568 underlying) - Conversion
Class B Units
2019-06-28−1,169,762→ 0 total→ Ordinary Shares (205,926 underlying) - Conversion
Class B Units
2019-06-28−779,841→ 0 total→ Ordinary Shares (137,284 underlying) - Conversion
Class B Units
2019-06-28−231,876→ 0 total→ Ordinary Shares (5,265 underlying)
Footnotes (9)
- [F1]Represents Class B Units of Vector Cambium Holdings (Cayman), LP ("VCH"), the issuer's parent.
- [F2]In connection with the issuer's Recapitalization (as described in the issuer's prospectus dated June 25, 2019) and upon consummation of the issuer's initial public offering, the reporting person's Class B Units were exchanged for Ordinary Shares of the issuer, on a value-for-value basis, based on the initial public offering price of $12.
- [F3]These Class B Units vested as follows: 25% vested on February 18, 2014, and the remaining 75% vested in 36 substantially equal monthly installments thereafter, subject to reporting person's continuous service as of each vesting date.
- [F4]These Class B Units vest upon completion of the issuer's Recapitalization and consummation of the issuer's initial public offering.
- [F5]These Class B Units vest upon achievement of the volume weighted trading average of the issuer's Ordinary Shares, as reported on the NASDAQ Global Market, over 90 consecutive days following expiration of the initial public offering price lock up period exceeding a total equity return multiple of at least 6.0 times, as defined in the original award documents.
- [F6]These Class B Units vest as follows: 50% vested on December 31, 2017 upon achievement of bonus targets for 2017, 5% vested on December 31, 2018 upon achievement of bonus targets for 2018 and the remaining vest upon achievement of bonus targets for 2019.
- [F7]To the extent not satisfied as of the issuer's initial public offering, these Ordinary Shares are subject to the same time-based vesting conditions as the related Class B Units, described in footnote 5 of this Form 4.
- [F8]To the extent not satisfied as of the issuer's initial public offering, these Ordinary Shares are subject to the same time-based vesting conditions as the related Class B Units, described in footnote 6 of this Form 4.
- [F9]These Class B Units have no expiration date.
Documents
Issuer
Cambium Networks Corp
CIK 0001738177
Entity typeother
Related Parties
1- filerCIK 0001411592
Filing Metadata
- Form type
- 4
- Filed
- Jun 27, 8:00 PM ET
- Accepted
- Jun 28, 5:25 PM ET
- Size
- 26.1 KB