McCarthy Shaun N. 4
4 · Casa Systems Inc · Filed Oct 1, 2018
Insider Transaction Report
Form 4
Casa Systems IncCASA
McCarthy Shaun N.
Interim CFO
Transactions
- Award
Restricted Stock Units
2018-09-27+6,738→ 6,738 total→ Common Stock (6,738 underlying)
Footnotes (2)
- [F1]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.
- [F2]Scheduled to vest as to 1/4th of the original number of shares at the end of each one-year period following September 27, 2018.