0000950170-23-036610.txt : 20230801 0000950170-23-036610.hdr.sgml : 20230801 20230801174301 ACCESSION NUMBER: 0000950170-23-036610 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230801 FILED AS OF DATE: 20230801 DATE AS OF CHANGE: 20230801 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Glickman Michael CENTRAL INDEX KEY: 0001987924 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38324 FILM NUMBER: 231133009 MAIL ADDRESS: STREET 1: 100 OLD RIVER ROAD 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 ownership.xml 4 X0508 4 2023-08-01 0001333835 Casa Systems Inc CASA 0001987924 Glickman Michael C/O CASA SYSTEMS, INC. 100 OLD RIVER ROAD ANDOVER MA 01810 true true false false President and CEO false Restricted Stock Units 2023-08-01 4 A false 2750000 0.00 A Common Stock 2750000 2750000 D Represents restricted stock units ("RSUs") granted to the reporting person as an inducement material to entry into employment with Casa Systems, Inc. (the "Company") in accordance with Nasdaq Listing Rule 5635(c)(4). Each RSU represents the right to receive one share of common stock, $0.001 par value per share (the "Common Stock"), of 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. The RSUs are scheduled to vest over four years, with 1/4th of the shares underlying the award vesting on August 5, 2024, and the remainder of the shares underlying the award vesting in three equal annual installments thereafter. The RSUs have no expiration date. /s/ Timothy C. Rodenberger, as Attorney-in-Fact 2023-08-01