Ronald G. Ryan - May 26, 2021 Form 4 Insider Report for Cambium Networks Corp (CMBM)

Signature
/s/ Sally Rau, attorney-in-fact
Stock symbol
CMBM
Transactions as of
May 26, 2021
Transactions value $
-$2,006,751
Form type
4
Date filed
5/28/2021, 04:05 PM
Next filing
Jun 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMBM Ordinary Shares Options Exercise $27.7K +4.38K +9.33% $6.34 51.3K May 26, 2021 Direct
transaction CMBM Ordinary Shares Options Exercise $488K +40.6K +79.21% $12.00 91.9K May 26, 2021 Direct
transaction CMBM Ordinary Shares Sale -$1.94M -34.6K -37.7% $55.89* 57.3K May 26, 2021 Direct F1
transaction CMBM Ordinary Shares Sale -$586K -10.4K -18.08% $56.56* 46.9K May 26, 2021 Direct F2

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 CMBM Stock Option (right to buy) Options Exercise $0 -4.38K -17.5% $0.00 20.6K May 26, 2021 Ordinary Shares 4.38K $6.34 Direct F3
transaction CMBM Stock Option (right to buy) Options Exercise $0 -40.6K -81.25% $0.00 9.38K May 26, 2021 Ordinary Shares 40.6K $12.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The Shares were sold in multiple transactions at prices ranging from $55.32 to $56.31, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1).
F2 The price reported in Column 4 is a weighted average price. The Shares were sold in multiple transactions at prices ranging from $56.32 to $56.95, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2).
F3 This option vests as follows: 25% vested on December 18, 2020, and the remaining 75% vests in 12 equal quarterly installments thereafter, subject to reporting person's continued service as of each vesting date.
F4 This option vests as follows: 25% vested on February 6, 2019, and the remaining 75% vests in 12 equal quarterly installments thereafter, subject to reporting person's continued service as of each vesting date.