Sally Rau - 07 Sep 2021 Form 4 Insider Report for Cambium Networks Corp (CMBM)

Signature
/s/ Sally Rau
Issuer symbol
CMBM
Transactions as of
07 Sep 2021
Net transactions value
-$1,449,356
Form type
4
Filing time
09 Sep 2021, 20:07:57 UTC
Previous filing
01 Jun 2021
Next filing
03 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMBM Ordinary Shares Options Exercise $71,325 +11,250 $6.34 11,250 07 Sep 2021 Direct
transaction CMBM Ordinary Shares Options Exercise $120,000 +10,000 +89% $12.00 21,250 07 Sep 2021 Direct
transaction CMBM Ordinary Shares Sale $776,806 -21,250 -100% $36.56 0 07 Sep 2021 Direct F1
transaction CMBM Ordinary Shares Options Exercise $465,000 +38,750 $12.00 38,750 08 Sep 2021 Direct
transaction CMBM Ordinary Shares Sale $1,166,559 -34,116 -88% $34.19 4,634 08 Sep 2021 Direct F2
transaction CMBM Ordinary Shares Sale $162,315 -4,634 -100% $35.03 0 08 Sep 2021 Direct F3

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 -11,250 -38% $0.000000 18,750 07 Sep 2021 Ordinary Shares 11,250 $6.34 Direct F4
transaction CMBM Stock Option (right to buy) Options Exercise $0 -10,000 -17% $0.000000 50,000 07 Sep 2021 Ordinary Shares 10,000 $12.00 Direct F5
transaction CMBM Stock Option (right to buy) Options Exercise $0 -38,750 -78% $0.000000 11,250 08 Sep 2021 Ordinary Shares 38,750 $12.00 Direct F5
* 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 $36.32 to $36.99, 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 $33.83 to $34.815, 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 The price reported in Column 4 is a weighted average price. The Shares were sold in multiple transactions at prices ranging from $34.83 to $35.28, 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 (3).
F4 This option vests as follows: 25% vests 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 and subject to acceleration upon certain events.
F5 This option vests as follows: 25% vested on April 24, 2019, and the remaining 75% vests in 12 equal quarterly installments on a quarterly basis thereafter, subject to reporting person's continued service as of each vesting date and subject to acceleration upon certain events.