4//SEC Filing
Traupman Edward 4
Accession 0001562180-21-003021
CIK 0001162112other
Filed
Apr 28, 8:00 PM ET
Accepted
Apr 29, 7:53 PM ET
Size
24.6 KB
Accession
0001562180-21-003021
Insider Transaction Report
Form 4
RigNet, Inc.RNET
Traupman Edward
Vice President - SI&A
Transactions
- Exercise/Conversion
Common Stock
2021-04-27+8,709→ 48,905 total - Exercise/Conversion
Common Stock
2021-04-27+4,576→ 64,405 total - Award
Common Stock
2021-04-27+16,329→ 63,122 total - Tax Payment
Common Stock
2021-04-27$9.22/sh−3,830$35,313→ 59,292 total - Tax Payment
Common Stock
2021-04-27$9.22/sh−2,112$19,473→ 46,793 total - Tax Payment
Common Stock
2021-04-27$9.22/sh−173$1,595→ 59,829 total - Award
Common Stock
2021-04-27+710→ 60,002 total - Tax Payment
Common Stock
2021-04-27$9.22/sh−1,115$10,280→ 63,290 total - Exercise/Conversion
Common Stock
2021-04-27+3,408→ 66,698 total - Tax Payment
Common Stock
2021-04-27$9.22/sh−830$7,653→ 65,868 total - Exercise/Conversion
Restricted Stock Unit
2021-04-27−8,709→ 0 total→ Common Stock (8,709 underlying) - Exercise/Conversion
Restricted Stock Unit
2021-04-27−3,408→ 0 total→ Common Stock (3,408 underlying)
Footnotes (7)
- [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]Represents shares of Common Stock received upon settlement of a performance share unit award (the "PSU Award") on April 27, 2021. On November 25, 2019, the reporting person was awarded a target number of performance units ("PUs") which were subject to the achievement of certain pre-established metrics.
- [F3]Represents shares of Common Stock received upon settlement of a performance share unit award (the "PSU Award") on April 27, 2021. On March 7, 2018, the reporting person was awarded a target number of performance units ("PUs") which were subject to the achievement of certain pre-established metrics over three one-year performance periods. January 1, 2018 to December 31, 2018, January 1, 2019 to December 31, 2019, January 1, 2020 to December 31, 2020, respectively.
- [F4]Represents shares of Common Stock received upon settlement of a performance share unit award (the "PSU Award") on April 27, 2021. On March 20, 2019, the reporting person was awarded a target number of performance units ("PUs") which were subject to the achievement of certain pre-established metrics.
- [F5]Each restricted stock unit represents the right to receive, at settlement, one share of common stock
- [F6]These restricted stock units will vest in three equal annual installments beginning November 25, 2020 and will be fully vested on November 25, 2022
- [F7]The shares will vest upon the closing of the RigNet Viasat transaction or in the event the transaction does not close, 1 year from the grant date anniversary (March 2, 2022).
Documents
Issuer
RigNet, Inc.
CIK 0001162112
Entity typeother
Related Parties
1- filerCIK 0001701581
Filing Metadata
- Form type
- 4
- Filed
- Apr 28, 8:00 PM ET
- Accepted
- Apr 29, 7:53 PM ET
- Size
- 24.6 KB