0000899243-21-000547.txt : 20210105
0000899243-21-000547.hdr.sgml : 20210105
20210105212435
ACCESSION NUMBER: 0000899243-21-000547
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210101
FILED AS OF DATE: 20210105
DATE AS OF CHANGE: 20210105
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bruckner Scott
CENTRAL INDEX KEY: 0001802372
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38324
FILM NUMBER: 21508758
MAIL ADDRESS:
STREET 1: CASA SYSTEMS, INC.
STREET 2: 100 OLD RIVER ROAD, SUITE 100
CITY: ANDOVER
STATE: MA
ZIP: 01810
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Casa Systems Inc
CENTRAL INDEX KEY: 0001333835
STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 100 OLD RIVER ROAD
STREET 2: SUITE 100
CITY: ANDOVER
STATE: MA
ZIP: 01810
BUSINESS PHONE: 978-688-6706
MAIL ADDRESS:
STREET 1: 100 OLD RIVER ROAD
STREET 2: SUITE 100
CITY: ANDOVER
STATE: MA
ZIP: 01810
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-01-01
0
0001333835
Casa Systems Inc
CASA
0001802372
Bruckner Scott
C/O CASA SYSTEMS, INC.
100 OLD RIVER ROAD
ANDOVER
MA
01810
0
1
0
0
Interim CFO
Common Stock
2021-01-01
4
M
0
12722
A
21030
D
Common Stock
2021-01-01
4
F
0
4414
6.17
D
16616
D
Restricted Stock Units
2021-01-01
4
M
0
12722
0.00
D
Common Stock
12722
25447
D
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 units.
Shares withheld by the Company to satisfy tax withholding requirements on vesting of RSUs. No shares were sold.
Each RSU represents the right to receive one share of Common Stock 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.
Scheduled to vest over four years, with 25% of the 50,891 shares underlying the award vesting on January 1, 2020, and 25% of the shares underlying the award vesting at the end of each successive one-year period thereafter.
/s/ Scott Bruckner
2021-01-05