EASTMAN BRAD 4
4 · RigNet, Inc. · Filed Mar 26, 2021
Insider Transaction Report
Form 4
RigNet, Inc.RNET
EASTMAN BRAD
Senior VP & General Counsel
Transactions
- Exercise/Conversion
Restricted Stock Unit
2021-03-19−2,096→ 42,545 total→ Common Stock (2,096 underlying) - Tax Payment
Common Stock
2021-03-19$9.53/sh−622$5,928→ 47,967 total - Exercise/Conversion
Common Stock
2021-03-19+2,096→ 48,589 total - Tax Payment
Common Stock
2021-03-20$9.53/sh−990$9,435→ 50,314 total - Exercise/Conversion
Restricted Stock Unit
2021-03-20−3,337→ 39,208 total→ Common Stock (3,337 underlying) - Exercise/Conversion
Common Stock
2021-03-20+3,337→ 51,304 total
Footnotes (4)
- [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 7, 2018, the reporting person was granted 8,386 restricted stock units, of which 1/4 of the shares subject to the restricted stock units vested on March 19, 2019. The common stock into which such vested restricted stock units converted on March 19, 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 19, 2022.
- [F4]On March 20, 2019, the reporting person was granted 10,011 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.