SEC Form 4 · accession 0001209191-15-023615
RigNet, Inc. · RNET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William D. Sutton
Officer — Vice President
Period of report
Mar 4, 2015
Accepted (ET)
Mar 6, 2015 · 5:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001162112
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 4, 2015 | A | 2,320 | $0.00 | A | 22,756 | D | |
| Common StockF1,F2 | Mar 6, 2015 | S | 2,030 | $29.33 | D | 20,726 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F3 | $33.20 | Mar 4, 2015 | A | 12,314 | A | — | Mar 4, 2025 | Common | 12,314 | 104,438 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person
- F2The price in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from 29.06 to 29.59, inclusive. The reporting person undertakes to provide RigNet, Inc., any security holder of RigNet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F3This option vests in four equal annual installments beginning May 15, 2016 and will be fully vested on May 15, 2019.