Hayashi Michael T. - 27 Nov 2021 Form 4 Insider Report for Casa Systems Inc

Role
Director
Signature
/s/ Timothy C. Rodenberger, as Attorney in Fact
Issuer symbol
N/A
Transactions as of
27 Nov 2021
Net transactions value
$0
Form type
4
Filing time
30 Nov 2021, 18:00:11 UTC
Previous filing
31 Aug 2021
Next filing
19 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CASA Common Stock Options Exercise +1,699 +2% 84,801 27 Nov 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CASA Restricted Stock Units Options Exercise $0 -1,699 -100% $0.000000* 0 27 Nov 2021 Common Stock 1,699 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 RSU.
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 These RSUs are scheduled to vest as to 8.3333% of the original number of shares at the end of each three-month period following November 27, 2018. The RSUs have no expiration date.