4//SEC Filing
Imhoff Scott 4
Accession 0001140361-19-011998
CIK 0001738177other
Filed
Jun 27, 8:00 PM ET
Accepted
Jun 28, 5:34 PM ET
Size
21.8 KB
Accession
0001140361-19-011998
Insider Transaction Report
Form 4
Imhoff Scott
Senior VP, Product Mgmt
Transactions
- Conversion
Ordinary Shares
2019-06-28+3,942→ 24,037 total - Conversion
Class B Units
2019-06-28−40,000→ 0 total→ Ordinary Shares (7,042 underlying) - Conversion
Class B Units
2019-06-28−25,000→ 0 total→ Ordinary Shares (3,942 underlying) - Conversion
Ordinary Shares
2019-06-28+7,042→ 17,604 total - Conversion
Ordinary Shares
2019-06-28+2,491→ 20,095 total - Conversion
Class B Units
2019-06-28−60,000→ 0 total→ Ordinary Shares (10,562 underlying) - Award
Stock Option (right to buy)
2019-06-28+70,000→ 70,000 totalExercise: $12.00Exp: 2029-06-23→ Ordinary Shares (70,000 underlying) - Conversion
Ordinary Shares
2019-06-28+10,562→ 10,562 total - Conversion
Class B Units
2019-06-28−15,000→ 0 total→ Ordinary Shares (2,491 underlying)
Footnotes (11)
- [F1]Represents Class B Units of Vector Cambium Holdings (Cayman), LP ("VCH"), the issuer's parent.
- [F10]This option vests as follows: 25% vested on February 6, 2019, and the remaining 75% vests in 12 equal quarterly installments on a quarterly basis thereafter, subject to reporting person's continued service as of each vesting date.
- [F11]These figures were inadvertently rounded down in the reporting person's Form 3, filed June 25, 2019, and have been corrected herein, for an aggregate change of 2 Ordinary Shares.
- [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 October 28, 2012, 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 vested as follows: 25% vested on April 11, 2015, and the remaining 75% vested in 36 substantially equal monthly installments thereafter, subject to reporting person's continuous service as of each vesting date.
- [F5]These Class B Units vest as follows: 25% vested on November 1, 2016, and the remaining 75% vest in 36 substantially equal monthly installments thereafter, subject to reporting person's continuous service as of each vesting date.
- [F6]One-half of these Class B Units vest as follows: 25% vested on April 13, 2017, and the remaining 75% vest in 36 substantially equal monthly installments thereafter, subject to reporting person's continuous service as of each vesting date. The remaining half of these Class B Units vest upon completion of the issuer's Recapitalization and consummation of the issuer's initial public offering.
- [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 0001779945
Filing Metadata
- Form type
- 4
- Filed
- Jun 27, 8:00 PM ET
- Accepted
- Jun 28, 5:34 PM ET
- Size
- 21.8 KB