SEC Form 4/A · accession 0000899243-18-008703
Casa Systems Inc · CASA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Joseph S Tibbetts Jr.
Director
Period of report
Dec 15, 2017
Accepted (ET)
Mar 28, 2018 · 4:29 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001333835
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 13, 2018 | M | 1,922 | — | A | 1,922 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Dec 15, 2017 | A | 11,538 | A | — | — | Common Stock | 11,538 | 11,538 | D |
| Restricted Stock UnitsF2,F4 | — | Dec 15, 2017 | A | 23,076 | A | — | — | Common Stock | 23,076 | 23,076 | D |
| Restricted Stock UnitsF2,F4 | — | Feb 13, 2018 | M | 1,922 | D | — | — | Common Stock | 1,922 | 21,154 | D |
Explanation of responses
- F1Restricted 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 units.
- F2Each RSU represents the right to receive one share of Common Stock upon vesting, subject to the 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, subject to the reporting person's continued service relationship with the Company.
- F3Scheduled to vest as to 100% of the original number of shares on November 13, 2018. The reporting person's Form 4, filed on December 18, 2017, erroneously reported this grant on Table I.
- F4Scheduled to vest as to 8.3333% of the original number of shares at the end of each three-month period following November 13, 2017. The reporting person's Form 4, filed on December 18, 2017, erroneously reported this grant on Table I.