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4//SEC Filing

Summit Partners Private Equity Fund VII B L P 4

Accession 0001179110-17-015609

CIK 0001333835other
View on SEC.govCompany Profile

Filed

Dec 18, 7:00 PM ET

Accepted

Dec 19, 4:02 PM ET

Size

26.5 KB

Accession

0001179110-17-015609

Insider Transaction Report

Form 4
Period: 2017-12-19
Casa Systems IncCASA
Summit Investors I, LLC
10% Owner
Transactions
  • Purchase

    Common Stock

    2017-12-19$13.00/sh+250,000$3,250,000→ 38,842,000 total
  • Conversion

    Series C Convertible Preferred Stock

    2017-12-19+3,859,200→ 0 total
    → Common Stock (38,592,000 underlying)
  • Conversion

    Common Stock

    2017-12-19+38,592,000→ 38,592,000 total
SUMMIT PARTNERS L P
10% OwnerOther
Transactions
  • Conversion

    Common Stock

    2017-12-19+38,592,000→ 38,592,000 total
  • Purchase

    Common Stock

    2017-12-19$13.00/sh+250,000$3,250,000→ 38,842,000 total
  • Conversion

    Series C Convertible Preferred Stock

    2017-12-19+3,859,200→ 0 total
    → Common Stock (38,592,000 underlying)
Summit Partners PE VII, L.P.
10% OwnerOther
Transactions
  • Purchase

    Common Stock

    2017-12-19$13.00/sh+250,000$3,250,000→ 38,842,000 total
  • Conversion

    Common Stock

    2017-12-19+38,592,000→ 38,592,000 total
  • Conversion

    Series C Convertible Preferred Stock

    2017-12-19+3,859,200→ 0 total
    → Common Stock (38,592,000 underlying)
Summit Partners PE VII, LLC
10% OwnerOther
Transactions
  • Conversion

    Series C Convertible Preferred Stock

    2017-12-19+3,859,200→ 0 total
    → Common Stock (38,592,000 underlying)
  • Conversion

    Common Stock

    2017-12-19+38,592,000→ 38,592,000 total
  • Purchase

    Common Stock

    2017-12-19$13.00/sh+250,000$3,250,000→ 38,842,000 total
Summit Partners Private Equity Fund VII-A, L.P.
10% Owner
Transactions
  • Purchase

    Common Stock

    2017-12-19$13.00/sh+250,000$3,250,000→ 38,842,000 total
  • Conversion

    Common Stock

    2017-12-19+38,592,000→ 38,592,000 total
  • Conversion

    Series C Convertible Preferred Stock

    2017-12-19+3,859,200→ 0 total
    → Common Stock (38,592,000 underlying)
Summit Partners Private Equity Fund VII B L P
10% Owner
Transactions
  • Conversion

    Series C Convertible Preferred Stock

    2017-12-19+3,859,200→ 0 total
    → Common Stock (38,592,000 underlying)
  • Purchase

    Common Stock

    2017-12-19$13.00/sh+250,000$3,250,000→ 38,842,000 total
  • Conversion

    Common Stock

    2017-12-19+38,592,000→ 38,592,000 total
Summit Investors Management, LLC
10% OwnerOther
Transactions
  • Conversion

    Common Stock

    2017-12-19+38,592,000→ 38,592,000 total
  • Purchase

    Common Stock

    2017-12-19$13.00/sh+250,000$3,250,000→ 38,842,000 total
  • Conversion

    Series C Convertible Preferred Stock

    2017-12-19+3,859,200→ 0 total
    → Common Stock (38,592,000 underlying)
SUMMIT MASTER COMPANY, LLC
10% OwnerOther
Transactions
  • Conversion

    Series C Convertible Preferred Stock

    2017-12-19+3,859,200→ 0 total
    → Common Stock (38,592,000 underlying)
  • Conversion

    Common Stock

    2017-12-19+38,592,000→ 38,592,000 total
  • Purchase

    Common Stock

    2017-12-19$13.00/sh+250,000$3,250,000→ 38,842,000 total
Summit Investors I (UK), L.P.
10% Owner
Transactions
  • Purchase

    Common Stock

    2017-12-19$13.00/sh+250,000$3,250,000→ 38,842,000 total
  • Conversion

    Common Stock

    2017-12-19+38,592,000→ 38,592,000 total
  • Conversion

    Series C Convertible Preferred Stock

    2017-12-19+3,859,200→ 0 total
    → Common Stock (38,592,000 underlying)
Footnotes (6)
  • [F1]The Series C Convertible Preferred Stock automatically converted into common stock of Casa Systems, Inc. (the "Issuer") on a ten-for-one basis upon the closing of the Issuer's initial public offering. The Series C Convertible Preferred Stock had no expiration date.
  • [F2]Consists of 24,052,910 shares of common stock issued upon the conversion of Series C Convertible Preferred Stock held by Summit Partners Private Equity Fund VII-A, L.P., 14,446,570 shares of common stock issued upon the conversion of Series C Convertible Preferred Stock held by Summit Partners Private Equity Fund VII-B, L.P., 82,110 shares of common stock issued upon the conversion of Series C Convertible Preferred Stock held by Summit Investors I, LLC and 10,410 shares of common stock issued upon the conversion of Series C Convertible Preferred Stock held by Summit Investors I (UK), L.P.
  • [F3]Summit Partners, L.P. is the managing member of Summit Partners PE VII, LLC, which is the general partner of Summit Partners PE VII, L.P., which is the general partner of each of Summit Partners Private Equity Fund VII-A, L.P. and Summit Partners Private Equity Fund VII-B, L.P. Summit Master Company, LLC is the managing member of Summit Investors Management, LLC, which is the manager of Summit Investors I, LLC, and the general partner of Summit Investors I (UK), L.P. Summit Master Company, LLC, as the managing member of Summit Investors Management, LLC, has delegated investment decisions, including voting and dispositive power, to Summit Partners, L.P. and its investment committee responsible for voting and investment decisions with respect to the Issuer.
  • [F4]Summit Partners, L.P., through a three-person investment committee responsible for voting and investment decisions with respect to the Issuer, currently comprised of Peter Y. Chung, Bruce R. Evans and Martin J. Mannion, has voting and dispositive power over the shares held by each of these entities and therefore may be deemed to beneficially own such shares. Each of the Summit entities and persons mentioned in this footnote disclaims beneficial ownership of the shares, except for those shares held of record by such entity, and except to the extent of their pecuniary interest therein.
  • [F5]Consists of 155,816 shares of common stock purchased by Summit Partners Private Equity Fund VII-A, L.P., 93,585 shares of common stock purchased by Summit Partners Private Equity Fund VII-B, L.P., 532 shares of common stock issued purchased by Summit Investors I, LLC and 67 shares of common stock purchased by Summit Investors I (UK), L.P.
  • [F6]Consists of 24,208,726 shares of common stock held by Summit Partners Private Equity Fund VII-A, L.P., 14,540,155 shares of common stock held by Summit Partners Private Equity Fund VII-B, L.P., 82,642 shares of common stock issued held by Summit Investors I, LLC and 10,477 shares of common stock held by Summit Investors I (UK), L.P.

Documents

1 file

Issuer

Casa Systems Inc

CIK 0001333835

→
Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001385242

Filing Metadata

Form type
4
Filed
Dec 18, 7:00 PM ET
Accepted
Dec 19, 4:02 PM ET
Size
26.5 KB
View on SEC.gov