Barnett James Arden Jr 4
4 · RigNet, Inc. · Filed May 4, 2021
Insider Transaction Report
Form 4
RigNet, Inc.RNET
Barnett James Arden Jr
SVP of Government Services
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2021-04-30−1,408→ 0 totalExercise: $15.06Exp: 2026-03-20→ Common Stock (1,408 underlying) - Disposition to Issuer
Restricted Stock Unit
2021-04-30−17,117→ 0 total→ Common Stock (17,117 underlying) - Disposition to Issuer
Common Stock
2021-04-30−27,731→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2021-04-30−3,654→ 0 totalExercise: $5.77Exp: 2026-11-25→ Common Stock (3,654 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to the merger agreement by and among RigNet, Inc., Viasat, Inc. and Royal Acquisition Sub, Inc. in exchange for 0.1845 shares of Viasat common stock for each share of RigNet common stock. The closing price per share of Viasat common stock on April 30, 2021, the effective date of the merger, was $51.79.
- [F2]Each stock option was assumed by Viasat in the merger and replaced with an option to purchase Viasat common stock based on the exchange ratio (with the exercise price with respect to such option being adjusted based on the exchange ratio).
- [F3]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- [F4]Each restricted stock unit was assumed by Viasat in the merger and replaced with a Viasat restricted stock unit based on the exchange ratio.