0001140361-19-011981.txt : 20190628 0001140361-19-011981.hdr.sgml : 20190628 20190628170020 ACCESSION NUMBER: 0001140361-19-011981 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: Sheppeck Bryan CENTRAL INDEX KEY: 0001779900 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38952 FILM NUMBER: 19930190 MAIL ADDRESS: STREET 1: 208 MENLO PARK ROAD CITY: NISKAYUNA STATE: NY ZIP: 123009 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 0001779900 Sheppeck Bryan C/O CAMBIUM NETWORKS, INC. 3800 GOLF ROAD, SUITE 360 ROLLING MEADOWS IL 60008 true Senior VP, Global Sales Ordinary Shares 2019-06-28 4 C 0 57532 A 57532 D Ordinary Shares 2019-06-28 4 C 0 3302 A 60834 D Class B Units 2019-06-28 4 C 0 350000 0 D Ordinary Shares 57532 0 D Class B Units 2019-06-28 4 C 0 50000 0 D Ordinary Shares 3302 0 D Stock Option (right to buy) 12 2019-06-28 4 A 0 70000 0 A 2029-06-23 Ordinary Shares 70000 70000 D Represents Class B Units of Vector Cambium Holdings (Cayman), LP ("VCH"), the issuer's parent. 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, the reporting person's Class B Units were exchanged for Ordinary Shares of the issuer, on a value-for-value basis, based on the initial public offering price of $12. One-half of these Class B Units vested as follows: 25% vested on January 5, 2016, and the remaining 75% vested in 36 substantially equal monthly installments thereafter, subject to reporting person's continuous service as of each vesting date. The remaining half of these Class B Units vest upon completion of the issuer's Recapitalization and consummation of the issuer's initial public offering. One-half of these Class B Units vest as follows: 25% vested on October 1, 2017, and the remaining 75% vest in 36 substantially equal monthly installments thereafter, subject to reporting person's continuous service as of each vesting date. The remaining half of these Class B Units vest upon completion of the issuer's Recapitalization and consummation of the issuer's initial public offering. To the extent not satisfied as of the issuer's initial public offering, these Ordinary Shares are subject to the same time-based vesting conditions as the related Class B Units, described in footnote 4 of this Form 4. These Class B Units have no expiration date. 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. /s/ Sally Rau, attorney-in-fact 2019-06-28