HILBERT JAY T 4
4 · RigNet, Inc. · Filed Nov 8, 2019
Insider Transaction Report
Form 4
RigNet, Inc.RNET
HILBERT JAY T
SVP - Sales
Transactions
- Tax Payment
Common Stock
2019-11-07$5.25/sh−457$2,399→ 16,269 total - Exercise/Conversion
Restricted Stock Unit
2019-11-07−1,875→ 1,875 total→ Common Stock (1,875 underlying) - Exercise/Conversion
Common Stock
2019-11-07$5.25/sh+1,875$9,844→ 16,726 total
Holdings
- 3,230
Stock Options
Exercise: $15.06Exp: 2026-03-20→ Common Stock (3,230 underlying)
Footnotes (5)
- [F1]These 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.
- [F2]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- [F3]These restricted stock units vest in four equal annual installments beginning November 7, 2017 and will be fully vested on November 7, 2020.
- [F4]These options vest in three equal annual installments beginning March 20, 2020 and will be fully vested on March 20, 2022.
- [F5]The expiration date was incorrectly reported on this insiders previously filed form 4, filed on March 21, 2019.