SEC Form 4 · accession 0001209191-16-108448
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 10, 2016
Accepted (ET)
Mar 15, 2016 · 3:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001162112
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | Mar 10, 2016 | A | 21,000 | A | — | — | Common Stock | 21,000 | 21,000 | D |
| Restricted Stock UnitF1,F3 | — | Mar 10, 2016 | A | 12,000 | A | — | — | Common Stock | 12,000 | 12,000 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F2These restricted stock units are scheduled to vest in four equal installments beginning on March 19, 2017 and will be fully vested on March 19, 2020.
- F3These restricted stock units will fully vest on March 19, 2019.