Scott Bruckner - 13 Dec 2023 Form 4 Insider Report for Casa Systems Inc

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
14 Dec 2023, 19:29:25 UTC
Prior SEC filing
14 Sep 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Timothy C. Rodenberger, as Attorney-in-Fact

Key filing fact

Scott Bruckner filed Form 4 for Casa Systems Inc on 14 Dec 2023.

Key facts

  • This page summarizes Scott Bruckner's Form 4 filing for Casa Systems Inc.
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 14 Dec 2023, 19:29.

Change

  • Previous filing in this sequence was filed on 14 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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CASA transaction

Common Stock

Options Exercise

Transaction value
Shares
+22,936
Change %
+12%
Price
Shares after
213,698
Date
13 Dec 2023
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CASA transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-22,936
Change %
-10%
Price
$0.000000
Shares after
206,422
Date
13 Dec 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
22,936
Exercise price
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Restricted stock units ("RSUs") converted into common stock, $0.001 par value per share (the "Common Stock"), of Casa Systems, Inc. (the "Company") on a one-for-one basis upon vesting of the RSU.

Footnote F2

Each RSU represents the right to receive one share of Common Stock of 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 F3

The RSUs are scheduled to vest over three years, with 1/12th of the shares underlying the award vesting on June 13, 2023, and the remainder of the shares underlying the award vesting in eleven equal quarterly installments thereafter. The RSUs have no expiration date.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .