Accession Number: | 0000899243-22-018908 |
Date: | 2022-05-18 |
Issuer: | CASA SYSTEMS INC (CASA) |
Original Submission Date: |
STYSLINGER WILLIAM C III
C/O CASA SYSTEMS, INC.
100 OLD RIVER ROAD
ANDOVER, MA 01810
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RESTRICTED STOCK UNITS | 0.0 | 2022-05-18 | deemed execution date | A | 40,285 (a) | common stock 40,285 | $0.00 | 40,285 | direct |
ID | 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. |
f2 | the rsus are scheduled to vest as to 100% of the original number of shares on may 18, 2023. the rsus have no expiration date. |