Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CASA | Common Stock | Options Exercise | +89.2K | +0.8% | 11.2M | Mar 21, 2023 | Direct | F1 | ||
transaction | CASA | Common Stock | Options Exercise | +401K | +3.57% | 11.6M | Mar 21, 2023 | Direct | F1 | ||
transaction | CASA | Common Stock | Options Exercise | +382K | +3.28% | 12M | Mar 21, 2023 | Direct | F1 | ||
transaction | CASA | Common Stock | Options Exercise | +407K | +3.39% | 12.4M | Mar 21, 2023 | Direct | F1 | ||
transaction | CASA | Common Stock | Options Exercise | +155K | +1.25% | 12.6M | Mar 21, 2023 | Direct | F1 | ||
transaction | CASA | Common Stock | Tax liability | -$804K | -693K | -5.51% | $1.16 | 11.9M | Mar 21, 2023 | Direct | F2 |
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 | -89.2K | -100% | $0.00* | 0 | Mar 21, 2023 | Common Stock | 89.2K | Direct | F3, F4 | |
transaction | CASA | Restricted Stock Units | Options Exercise | $0 | -401K | -100% | $0.00* | 0 | Mar 21, 2023 | Common Stock | 401K | Direct | F3, F5 | |
transaction | CASA | Restricted Stock Units | Options Exercise | $0 | -382K | -100% | $0.00* | 0 | Mar 21, 2023 | Common Stock | 382K | Direct | F3, F6 | |
transaction | CASA | Restricted Stock Units | Options Exercise | $0 | -407K | -100% | $0.00* | 0 | Mar 21, 2023 | Common Stock | 407K | Direct | F3, F7 | |
transaction | CASA | Restricted Stock Units | Award | $0 | +155K | $0.00 | 155K | Mar 21, 2023 | Common Stock | 155K | Direct | F3, F8 | ||
transaction | CASA | Restricted Stock Units | Options Exercise | $0 | -155K | -100% | $0.00* | 0 | Mar 21, 2023 | Common Stock | 155K | Direct | F3, F9 |
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 units. |
F2 | Shares withheld by the Company to satisfy tax withholding requirements on vesting of RSUs. No shares were sold. |
F3 | 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. |
F4 | Pursuant to the Separation Agreement entered into by the Company and the reporting person on March 14, 2023 (the "Separation Agreement"), the vesting of the RSUs granted to the reporting person on February 25, 2020 was fully accelerated and all of the shares underlying the award became vested as of March 21, 2023. The RSUs have no expiration date. |
F5 | Pursuant to the Separation Agreement, the vesting of the RSUs granted to the reporting person on February 23, 2021 was fully accelerated and all of the shares underlying the award became vested as of March 21, 2023. The RSUs have no expiration date. |
F6 | Pursuant to the Separation Agreement, the vesting of the RSUs granted to the reporting person on May 9, 2022 was fully accelerated and all of the shares underlying the award became vested as of March 21, 2023. The RSUs have no expiration date. |
F7 | Pursuant to the Separation Agreement, the vesting of the RSUs granted to the reporting person on May 9, 2022 was fully accelerated and all of the shares underlying the award became vested as of March 21, 2023. The RSUs have no expiration date. |
F8 | These RSUs are subject to performance-based vesting, the conditions for which are met upon the Company's level of achievement of pre-established performance parameters, as approved by the Company's Board of Directors, and subject to the other terms and conditions set forth in the applicable RSU agreement. These RSUs have no expiration date. |
F9 | Pursuant to the Separation Agreement, the vesting of the RSUs granted to the reporting person on May 11, 2022 was fully accelerated and all of the shares underlying the award became vested as of March 21, 2023. The RSUs have no expiration date. |