Key facts
- This page summarizes Michael Glickman's Form 4 filing for Casa Systems Inc.
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 01 Aug 2023, 17:43.
Michael Glickman - 01 Aug 2023 Form 4 Insider Report for Casa Systems Inc
- Reporting relationship
- President and CEO, Director
- Issuer ticker
- N/A
- Reported as of
- 01 Aug 2023
- Net transaction value
- $0
- Reporting owner signature
- /s/ Timothy C. Rodenberger, as Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Michael Glickman filed Form 4 for Casa Systems Inc on 01 Aug 2023.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
CASA
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +2,750,000
- Change %
- Price
- $0.000000
- Shares after
- 2,750,000
- Date
- 01 Aug 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,750,000
- Exercise price
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
Represents restricted stock units ("RSUs") granted to the reporting person as an inducement material to entry into employment with Casa Systems, Inc. (the "Company") in accordance with Nasdaq Listing Rule 5635(c)(4). Each RSU represents the right to receive one share of common stock, $0.001 par value per share (the "Common Stock"), of 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.
Footnote F2
The RSUs are scheduled to vest over four years, with 1/4th of the shares underlying the award vesting on August 5, 2024, and the remainder of the shares underlying the award vesting in three equal annual installments thereafter. The RSUs have no expiration date.