0000950170-23-046750.txt : 20230906
0000950170-23-046750.hdr.sgml : 20230906
20230906163109
ACCESSION NUMBER: 0000950170-23-046750
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230901
FILED AS OF DATE: 20230906
DATE AS OF CHANGE: 20230906
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Durkin Edward
CENTRAL INDEX KEY: 0001919899
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38324
FILM NUMBER: 231239604
MAIL ADDRESS:
STREET 1: C/O CASA SYSTEMS, INC.
STREET 2: 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
2023-09-01
0001333835
Casa Systems Inc
CASA
0001919899
Durkin Edward
C/O CASA SYSTEMS, INC.
100 OLD RIVER ROAD
ANDOVER
MA
01810
false
true
false
false
Chief Financial Officer
false
Restricted Stock Units
2023-09-01
4
A
false
1300000
0
A
Common Stock
1300000
1300000
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.
The RSUs are scheduled to vest over four years, with 1/4th of the shares underlying the award vesting on September 1, 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
2023-09-06