SEC Form 4 · accession 0001209191-18-036657

Casa Systems Inc · CASA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Jun 6, 2018

Accepted (ET)

Jun 8, 2018 · 4:08 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 Stock^F1	Jun 8, 2018	M	1,005	—	A	1,005	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F2,F3	—	Jun 6, 2018	A	7,170	A	—	—	Common Stock	7,170	7,170	D
Restricted Stock Units^F2,F4	—	Jun 8, 2018	M	1,005	D	—	—	Common Stock	1,005	11,057	D

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 June 6, 2019.
F4Scheduled to vest as to 8.3333% of the original number of shares at the end of each three-month period following March 8, 2018.