0001140361-19-011984.txt : 20190628 0001140361-19-011984.hdr.sgml : 20190628 20190628170616 ACCESSION NUMBER: 0001140361-19-011984 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190628 FILED AS OF DATE: 20190628 DATE AS OF CHANGE: 20190628 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Slusky Alexander R CENTRAL INDEX KEY: 0001357262 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38952 FILM NUMBER: 19930289 MAIL ADDRESS: STREET 1: 456 MONTGOMERY STREET STREET 2: 19TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94104 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Cambium Networks Corp CENTRAL INDEX KEY: 0001738177 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] IRS NUMBER: 000000000 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 190 ELGIN AVENUE STREET 2: GEORGE TOWN CITY: GRAND CAYMAN STATE: E9 ZIP: KY1-9005 BUSINESS PHONE: 3459433100 MAIL ADDRESS: STREET 1: 190 ELGIN AVENUE STREET 2: GEORGE TOWN CITY: GRAND CAYMAN STATE: E9 ZIP: KY1-9005 4 1 form4.xml FORM 4 X0306 4 2019-06-28 0001738177 Cambium Networks Corp CMBM 0001357262 Slusky Alexander R C/O VECTOR CAPITAL MANAGEMENT, L.P. ONE MARKET ST, STEUART TOWER, 23RD FLOOR SAN FRANCISCO CA 94105 true true Ordinary Shares 2019-06-28 4 A 0 17627575 A 17704754 I See footnotes Ordinary Shares 2019-06-28 4 P 0 1482000 12 A 1482000 I See footnotes Ordinary Shares 2019-06-28 4 P 0 18000 12 A 18000 I See footnotes Stock Option (right to buy) 12 2019-06-28 4 A 0 30000 0 A 2029-06-23 Ordinary Shares 30000 30000 D In connection with the issuer's Recapitalization (as described in the issuer's prospectus dated June 25, 2019) and upon consummation of the issuer's initial public offering, Vector Cambium Holdings (Cayman), L.P. ("VCH") received these Ordinary Shares representing the amount of unreturned capital and accumulated yield payable to holders of Class A Units of VCH, plus the residual share of the issuer's value attributable to VCH's ownership after such return, based on the initial public offering price of $12. These shares are directly owned by Vector Capital IV, L.P. ("VC IV"). These shares are directly owned by Vector Entrepreneur Fund III, LP ("VEF III"). Vector Capital Partners IV, L.P. ("VCP IV") is the general partner of VCH and VC IV. Vector Capital Partners III, L.P. ("VCP III") is the general partner of VEF III. Vector Capital, Ltd. and Vector Capital, L.L.C. are the general partners of each of VCP IV and VCP III. The board of directors of Vector Capital, Ltd. has the exclusive power and authority to vote, or to direct to vote, and to dispose, or to direct the disposition of, the shares held by each of VCH, VC IV and VEF III and therefore holds indirect voting and dispositive power over the shares held by each of VCH, VC IV and VEF III and may be deemed to be the beneficial owner of such shares. The Reporting Person is the Chief Investment Officer of Vector Capital Management, L.P., and disclaims beneficial ownership of such shares in excess of his pecuniary interest in such shares. This option vests as follows: 25% vests on June 23, 2020, and the remaining 75% vests in 12 equal quarterly installments on a quarterly basis thereafter, subject to reporting person's continued service as of each vesting date and subject to acceleration upon certain events. /s/ Sally Rau, attorney-in-fact 2019-06-28