Mead Daniel S. 4
4 · Casa Systems Inc · Filed May 18, 2020
Insider Transaction Report
Form 4
Casa Systems IncCASA
Mead Daniel S.
Director
Transactions
- Exercise/Conversion
Common Stock
2020-05-16+22,831→ 38,041 total - Exercise/Conversion
Restricted Stock Units
2020-05-16−22,831→ 0 total→ Common Stock (22,831 underlying)
Footnotes (3)
- [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]Each RSU represents the right to receive one share of Common Stock of 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.
- [F3]Vested as to 100% of the original number of shares on May 16, 2020.