SEC Form 4 · accession 0001562180-18-002504
RigNet, Inc. · RNET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James H Browning
Director
Period of report
May 15, 2018
Accepted (ET)
May 16, 2018 · 9:03 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 15, 2018 | M | 4,798 | $0.00 | A | 31,428 | 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 UnitsF2,F3 | — | May 15, 2018 | M | 4,798 | D | — | — | Common Stock | 4,798 | 0 | D |
| Restricted Stock UnitF2,F4 | — | holding | — | — | — | — | — | Common Stock | 6,627 | 6,627 | D |
Explanation of responses
- F1Represents the conversion of restricted stock units into common stock. The reporting person was granted 4,798 restricted stock units on May 03, 2017. Such restricted stock units were previously reported on Table II on a Form 4 filed with the Securities and Exchange Commission on May 04, 2017
- F2Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F3The reporting person was granted 4,798 restricted stock units on May 03, 2017 which were previously reported on Table II on May 04, 2017. These restricted stock units fully vest on May 15, 2018.
- F4The reporting person was granted 6,627 restricted stock units on May 2, 2018 which were previously reported on Table II on May 4, 2018. These restricted stock units will fully vest on May 2, 2019.