Daniel S. Mead - 14 Jun 2022 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
14 Jun 2022
Net transactions value
$0
Form type
4
Filing time
15 Jun 2022, 18:01:11 UTC
Previous filing
19 May 2022
Next filing
22 May 2023
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 +16,043 +21% 93,820 14 Jun 2022 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 -16,043 -100% $0.000000* 0 14 Jun 2022 Common Stock 16,043 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 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 vested at to 100% of the original number of shares on June 14, 2022. The RSUs have no expiration date.