0000899243-21-008786.txt : 20210301
0000899243-21-008786.hdr.sgml : 20210301
20210301214513
ACCESSION NUMBER: 0000899243-21-008786
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210225
FILED AS OF DATE: 20210301
DATE AS OF CHANGE: 20210301
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Chen Weidong
CENTRAL INDEX KEY: 0001723982
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38324
FILM NUMBER: 21701062
MAIL ADDRESS:
STREET 1: 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
2021-02-25
0
0001333835
Casa Systems Inc
CASA
0001723982
Chen Weidong
C/O CASA SYSTEMS, INC.
100 OLD RIVER ROAD
ANDOVER
MA
01810
0
1
0
0
Chief Technology Officer
Common Stock
2021-02-25
4
M
0
53302
A
2594212
D
Common Stock
2021-02-25
4
F
0
15670
8.44
D
2578542
D
Restricted Stock Units
2021-02-25
4
M
0
53302
0.00
D
Common Stock
53302
159908
D
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.
Shares withheld by the Company to satisfy tax withholding requirements on vesting of RSUs. No shares were sold.
These RSUs are scheduled to vest over four years, with 25% of the shares underlying the award vesting on February 25, 2021, and 25% of the shares underlying the award vesting at the end of each successive one-year period thereafter. The RSUs have no expiration date.
/s/ Timothy Rodenberger, as Attorney-in-Fact
2021-03-01