4//SEC Filing
Barnett James Arden Jr 4
Accession 0001562180-21-003023
CIK 0001162112other
Filed
Apr 28, 8:00 PM ET
Accepted
Apr 29, 7:53 PM ET
Size
19.6 KB
Accession
0001562180-21-003023
Insider Transaction Report
Form 4
RigNet, Inc.RNET
Barnett James Arden Jr
SVP of Government Services
Transactions
- Tax Payment
Common Stock
2021-04-27$9.22/sh−3,024$27,881→ 22,997 total - Tax Payment
Common Stock
2021-04-27$9.22/sh−836$7,708→ 25,098 total - Exercise/Conversion
Common Stock
2021-04-27+3,681→ 28,779 total - Exercise/Conversion
Restricted Stock Unit
2021-04-27−3,681→ 0 total→ Common Stock (3,681 underlying) - Award
Common Stock
2021-04-27+10,079→ 26,021 total - Exercise/Conversion
Common Stock
2021-04-27+2,937→ 25,934 total - Tax Payment
Common Stock
2021-04-27$9.22/sh−1,048$9,663→ 27,731 total
Footnotes (5)
- [F1]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.
- [F2]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.
- [F3]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.
- [F4]Each restricted stock unit represents the right to receive, at settlement, one share of common stock
- [F5]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).
Issuer
RigNet, Inc.
CIK 0001162112
Entity typeother
Related Parties
1- filerCIK 0001764071
Filing Metadata
- Form type
- 4
- Filed
- Apr 28, 8:00 PM ET
- Accepted
- Apr 29, 7:53 PM ET
- Size
- 19.6 KB