Daniel S. Mead - Jun 14, 2022 Form 4 Insider Report for Casa Systems Inc (CASA)

Role
Director
Signature
/s/ Timothy C. Rodenberger, as Attorney in Fact
Stock symbol
CASA
Transactions as of
Jun 14, 2022
Transactions value $
$0
Form type
4
Date filed
6/15/2022, 06:01 PM
Previous filing
May 19, 2022
Next filing
May 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CASA Common Stock Options Exercise +16K +20.63% 93.8K Jun 14, 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 -16K -100% $0.00* 0 Jun 14, 2022 Common Stock 16K 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.