CLARKE EGBERT CARVER 4
4 · RigNet, Inc. · Filed Mar 26, 2021
Insider Transaction Report
Form 4
RigNet, Inc.RNET
CLARKE EGBERT CARVER
SVP Global Operations
Transactions
- Exercise/Conversion
Restricted Stock Unit
2021-03-20−1,301→ 8,446 total→ Common Stock (1,301 underlying) - Tax Payment
Common Stock
2021-03-20$9.53/sh−386$3,679→ 25,491 total - Exercise/Conversion
Common Stock
2021-03-19+786→ 24,810 total - Exercise/Conversion
Common Stock
2021-03-20+1,301→ 25,877 total - Exercise/Conversion
Restricted Stock Unit
2021-03-19−786→ 9,747 total→ Common Stock (786 underlying) - Tax Payment
Common Stock
2021-03-19$9.53/sh−234$2,230→ 24,576 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 3,145 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 3,905 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.