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Filing Details

Accession Number:: 0001140361-19-011983
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-06-28 17:03:17
Reporting Period:: 2019-06-28

Accepted Time:: 2019-06-28 17:03:17
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1738177	Cambium Networks Corp	CMBM	Radio & Tv Broadcasting & Communications Equipment (3663)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1780768	S Robert Amen	C/O Vector Capital Management, L.p. One Market Street, Steuart Tower, 23Rd F San Francisco CA 94105		No	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Ordinary Shares	Acquisiton	2019-06-28	17,627,575	$0.00	17,704,754	No	4	A	Indirect	See footnotes
Ordinary Shares	Acquisiton	2019-06-28	1,482,000	$12.00	1,482,000	No	4	P	Indirect	See footnotes
Ordinary Shares	Acquisiton	2019-06-28	18,000	$12.00	18,000	No	4	P	Indirect	See footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Indirect	See footnotes
No	4	P	Indirect	See footnotes
No	4	P	Indirect	See footnotes

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Ordinary Shares	Stock Option (right to buy)	Acquisiton	2019-06-28	30,000	$0.00	30,000	$12.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
30,000		2029-06-23	No	4	A	Direct

Footnotes

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 on the board of directors of Vector Capital, Ltd. and is a Managing Director 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.