SEC Form 4 · accession 0001209191-17-033481
RigNet, Inc. · RNET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
James H Browning
Director
Period of report
May 18, 2017
Accepted (ET)
May 18, 2017 · 9:39 am EDT
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 | May 18, 2017 | M | 7,657 | $0.00 | A | 24,630 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F4 | — | May 18, 2017 | M | 7,657 | D | — | — | Common Stock | 7,657 | 0 | D |
| Restricted Stock UnitF2,F3 | — | holding | — | — | — | — | — | Common Stock | 4,798 | 4,798 | D |
Explanation of responses
- F1Represents the conversion of restricted stock units into common stock. The reporting person was granted 7,657 restricted stock units on May 18, 2016 which became fully vested on May 18, 2017. Such restricted stock units were previously reported on Table II on a Form 4 filed with the Securities and Exchange Commission on May 19, 2016.
- F2Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F3These restricted stock units will fully vest on May 15, 2018.
- F4The reporting person was granted 7,657 restricted stock units on May 18, 2016 which were previously reported on Table II on May 19, 2016. These restricted stock units fully vest on May 18, 2017.