Key facts
- This page summarizes Philip Paro Jr.'s Form 4 filing for Casa Systems Inc.
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 14 Sep 2023, 16:30.
Philip Paro Jr. - 13 Sep 2023 Form 4 Insider Report for Casa Systems Inc
- Reporting relationship
- Chief Accounting Officer
- Issuer ticker
- N/A
- Reported as of
- 13 Sep 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 14 Sep 2023, 16:30:28 UTC
- Prior SEC filing
- 05 Sep 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Timothy C. Rodenberger, as Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Philip Paro Jr. filed Form 4 for Casa Systems Inc on 14 Sep 2023.
Change
- Previous filing in this sequence was filed on 05 Sep 2023.
- 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
- +101,000
- Change %
- Price
- $0.000000
- Shares after
- 101,000
- Date
- 13 Sep 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 101,000
- 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
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.
Footnote F2
The RSUs are scheduled to vest over four years, with 1/4th of the shares underlying the award vesting on September 11, 2024, and the remainder of the shares underlying the award vesting in three equal annual installments thereafter. The RSUs have no expiration date.