RigNet, Inc. 4
4 · RigNet, Inc. · Filed Nov 15, 2013
Insider Transaction Report
Form 4
RigNet, Inc.RNET
Sutton William D.
V. P. & General Counsel
Transactions
- Exercise/Conversion
Common Stock
2013-11-11$5.32/sh+5,450$28,994→ 25,361 total - Exercise/Conversion
Options (right to buy)
2013-11-11−5,450→ 86,261 totalExercise: $5.32Exp: 2019-01-01→ Common Stock (5,450 underlying) - Sale
Common Stock
2013-11-11$40.54/sh−5,450$220,943→ 19,911 total
Footnotes (4)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- [F2]This option vests in four equal annual installments beginning January 1, 2009 and will be fully vested on January 1, 2012.
- [F3]The price in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from 40.15 to 40.99, 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.
- [F4]Following the transaction reported herein, Reporting Person has no options remaining with a $5.32 exercise price.