EASTMAN BRAD 4
4 · RigNet, Inc. · Filed Nov 30, 2020
Insider Transaction Report
Form 4
RigNet, Inc.RNET
EASTMAN BRAD
Senior VP & General Counsel
Transactions
- Tax Payment
Common Stock
2020-11-25$5.43/sh−1,771$9,617→ 46,493 total - Exercise/Conversion
Common Stock
2020-11-25+7,550→ 48,264 total - Exercise/Conversion
Restricted Stock Unit
2020-11-25−7,550→ 15,100 totalExercise: $0.00→ Common Stock (7,550 underlying)
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 November 25, 2019, the reporting person was granted 22,650 restricted stock units, of which 1/3 of the shares subject to the restricted stock units vested on November 25, 2020. The common stock into which such vested restricted stock units converted on November 25, 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 November 25, 2022.