SEC Form 4 · accession 0001562180-18-004458
RigNet, Inc. · RNET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward Traupman
Officer — Vice President - SI&A
Period of report
Nov 7, 2018
Accepted (ET)
Nov 8, 2018 · 11:59 am 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 | Nov 7, 2018 | M | 1,000 | $18.61 | A | 8,727 | D | |
| Common StockF1 | Nov 7, 2018 | F | 243 | $18.61 | D | 8,484 | 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,F3 | — | Nov 7, 2018 | M | 1,000 | D | — | — | Common Stock | 1,000 | 2,000 | D |
Explanation of responses
- F1These shares were withheld solely for the purpose of paying taxes due upon the vesting of shares from restricted stock units that were granted to the Reporting Person.
- F2Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F3These restricted stock units vest in four equal annual installments beginning November 7, 2017 and will be fully vested on November 7, 2020.