Daniel S. Mead - 15 Jun 2023 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
15 Jun 2023
Net transactions value
$0
Form type
4
Filing time
20 Jun 2023, 07:01:53 UTC
Previous filing
22 May 2023
SEC
View on sec.gov

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 Award $0 +168,317 $0.000000 168,317 15 Jun 2023 Common Stock 168,317 Direct F1, F2
transaction CASA Restricted Stock Units Award $0 +247,525 $0.000000 247,525 15 Jun 2023 Common Stock 247,525 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the right to receive one share of common stock, $0.001 par value per share (the "Common Stock"), of Casa Systems, Inc. (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.
F2 The RSUs are scheduled to vest as to 100% of the shares underlying the award on June 15, 2024. The RSUs have no expiration date.