Ahlstrom Lee Michael 4
4 · RigNet, Inc. · Filed Mar 23, 2020
Insider Transaction Report
Form 4
RigNet, Inc.RNET
Ahlstrom Lee Michael
Senior Vice President & CFO
Transactions
- Exercise/Conversion
Restricted Stock Unit
2020-03-20−3,893→ 7,787 total→ Common Stock (3,893 underlying) - Tax Payment
Common Stock
2020-03-20$1.76/sh−1,774$3,122→ 45,640 total - Award
Common Stock
2020-03-20+3,893→ 47,414 total
Footnotes (3)
- [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]On March 20, 2019, the reporting person was granted 11,680 restricted stock units, of which 1/3 of the shares subject to the restricted stock units vested on March 20, 2020. The common stock into which such vested restricted stock units converted on March 20, 2020 is reported on Table 1 on this Form 4. The remaining unvested restricted stock units will continue to vest in equal annual installments until fully vested on March 20, 2022.