4//SEC Filing
CLARKE EGBERT CARVER 4
Accession 0001562180-21-003026
CIK 0001162112other
Filed
Apr 28, 8:00 PM ET
Accepted
Apr 29, 7:53 PM ET
Size
28.5 KB
Accession
0001562180-21-003026
Insider Transaction Report
Form 4
RigNet, Inc.RNET
CLARKE EGBERT CARVER
SVP Global Operations
Transactions
- Tax Payment
Common Stock
2021-04-27$9.22/sh−1,708$15,748→ 31,015 total - Award
Common Stock
2021-04-27+13,559→ 44,574 total - Tax Payment
Common Stock
2021-04-27$9.22/sh−761$7,016→ 43,962 total - Tax Payment
Common Stock
2021-04-27$9.22/sh−3,334$30,739→ 41,240 total - Tax Payment
Common Stock
2021-04-27$9.22/sh−804$7,413→ 46,459 total - Exercise/Conversion
Restricted Stock Unit
2021-04-27−7,232→ 0 total→ Common Stock (7,232 underlying) - Award
Common Stock
2021-04-27+475→ 41,715 total - Exercise/Conversion
Common Stock
2021-04-27+3,124→ 44,723 total - Exercise/Conversion
Common Stock
2021-04-27+7,232→ 32,723 total - Tax Payment
Common Stock
2021-04-27$9.22/sh−116$1,070→ 41,599 total - Exercise/Conversion
Common Stock
2021-04-27+3,301→ 47,263 total - Exercise/Conversion
Restricted Stock Unit
2021-04-27−3,301→ 0 total→ Common Stock (3,301 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).
Issuer
RigNet, Inc.
CIK 0001162112
Entity typeother
Related Parties
1- filerCIK 0001793568
Filing Metadata
- Form type
- 4
- Filed
- Apr 28, 8:00 PM ET
- Accepted
- Apr 29, 7:53 PM ET
- Size
- 28.5 KB