Cambium Networks (CMBM) Form 4 Cambium Networks / Alexander R Slusky ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Slusky Alexander R

(Last) (First) (Middle)

C/O VECTOR CAPITAL MANAGEMENT, L.P.

ONE MARKET ST, STEUART TOWER, 23RD FLOOR

(Street)

SAN FRANCISCO CA 94105

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Cambium Networks Corp [ CMBM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	06/11/2021		J(1)		184,058(1)	D	$0	12,720,696	I(2)(6)	See footnotes(2)(6)
Ordinary Shares								1,482,000	I(3)(6)	See footnotes(3)(6)
Ordinary Shares								18,000	I(4)(6)	See footnotes(4)(6)
Ordinary Shares								105,000	I(5)(6)	See footnotes(5)(6)
Ordinary Shares								87,772(1)	I(7)	See footnote(7)
Ordinary Shares								30,495(1)	I(8)	See footnote(8)
Ordinary Shares								50,432(1)	I	By grantor trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These Ordinary Shares were distributed in kind by Vector Cambium Holdings (Cayman), L.P. ("VCH") to certain ultimate limited partners, in lieu of cash distributions, including 50,432 Ordinary Shares to the Reporting Person's grantor trust and 87,772 Ordinary Shares to a limited partnership controlled by the Reporting Person. The distribution of Ordinary Shares to the Reporting Person's trust and partnership was exempt from Section 16 of Securities Exchange Act of 1934, as amended, (the "Exchange Act"), pursuant to Rule 16a-13 under the Exchange Act.

2. These Ordinary Shares are held directly by Vector Cambium Holdings (Cayman), L.P. ("VCH").

3. These Ordinary Shares are directly owned by Vector Capital IV, L.P. ("VC IV").

4. These Ordinary Shares are directly owned by Vector Entrepreneur Fund III, LP ("VEF III").

5. These Ordinary Shares are directly owned by Vector Capital Partners IV, L.P. ("VCP IV").

6. 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 Ordinary Shares held by each of VCH, VC IV and VEF III and therefore holds indirect voting and dispositive power over the Ordinary Shares held by each of VCH, VC IV and VEF III and may be deemed to be the beneficial owner of such Ordinary Shares. The Reporting Person is the Chief Investment Officer of Vector Capital Management, L.P., and disclaims beneficial ownership of such Ordinary Shares in excess of his pecuniary interest in such Ordinary Shares.

7. These Ordinary Shares are directly held by a limited partnership owned by a trust controlled by the Reporting Person.

8. These Ordinary Shares are directly held by a limited partnership over which the Reporting Person exercises investment discretion.

	/s/ Sally Rau, attorney-in-fact	06/15/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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