SEC Form 4 · accession 0001562180-18-003942
RigNet, Inc. · RNET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tonya Maumus McDermott
Officer — Interim CFO
Period of report
Sep 13, 2018
Accepted (ET)
Sep 17, 2018 · 3:31 pm 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 StockF1 | Sep 13, 2018 | M | 1,349 | $18.00 | A | 18,470 | D | |
| Common StockF2 | Sep 13, 2018 | S | 1,349 | $22.0297 | D | 17,121 | D | |
| Common Stock | Sep 13, 2018 | M | 2,924 | $17.08 | A | 20,045 | D | |
| Common StockF2 | Sep 13, 2018 | S | 2,924 | $22.0297 | D | 17,121 | D | |
| Common Stock | Sep 13, 2018 | M | 4,053 | $19.96 | A | 21,174 | D | |
| Common StockF2 | Sep 13, 2018 | S | 4,053 | $22.0297 | D | 17,121 | D | |
| Common Stock | Sep 13, 2018 | S | 750 | $22.00 | D | 16,371 | D | |
| Common StockF3 | Sep 14, 2018 | S | 1,500 | $20.427 | D | 14,871 | 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)F4 | $19.96 | Sep 13, 2018 | M | 4,053 | D | — | Mar 6, 2023 | Common Stock | 4,053 | 0 | D |
| Stock Options (Right to buy)F4 | $18.00 | Sep 13, 2018 | M | 1,349 | D | — | Mar 22, 2021 | Common Stock | 1,349 | 0 | D |
| Stock Options (Right to buy)F4 | $17.08 | Sep 13, 2018 | M | 2,924 | D | — | Mar 7, 2022 | Common Stock | 2,924 | 0 | D |
Explanation of responses
- F1Due to a third-party error, the balance reflected on previous forms was incorrectly reported. The balance reported here is the true balance for the Reporting Person.
- F2The price in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $22.00 to $22.15, 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.
- F3The price in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $20.35 to $21.35, 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.
- F4These options are fully vested.