PICKETT STEVEN EDWARD 4
4 · RigNet, Inc. · Filed Apr 29, 2021
Insider Transaction Report
Form 4
RigNet, Inc.RNET
PICKETT STEVEN EDWARD
Chief Executive Officer
Transactions
- Tax Payment
Common Stock
2021-04-27$9.22/sh−807$7,441→ 174,306 total - Tax Payment
Common Stock
2021-04-27$9.22/sh−5,199$47,935→ 182,317 total - Award
Common Stock
2021-04-27+2,050→ 175,113 total - Tax Payment
Common Stock
2021-04-27$9.22/sh−18,226$168,044→ 173,063 total - Award
Common Stock
2021-04-27+46,530→ 191,289 total - Exercise/Conversion
Common Stock
2021-04-27+13,210→ 187,516 total
Footnotes (4)
- [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 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.