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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1162112	Rignet Inc.	RNET	Communications Services, Nec (4899)	760677208

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1506690	B. Mark Slaughter	C/O Rignet, Inc. 1880 S. Dairy Ashford, Suite 300 Houston TX 77077	Ceo & President	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2012-07-13	3,500	$7.00	33,829	No	4	M	Direct
Common Stock	Disposition	2012-07-13	3,500	$18.63	30,329	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Options (right to buy)	Disposition	2012-07-13	3,500	$0.00	3,500	$7.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
348,341		2017-01-01	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	125	Indirect	By Kristen Slaughter
Common Stock	125	Indirect	By Leslie Slaughter

Footnotes

These shares represent the options which were exercised as presented in Table II.
The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
Mr. Slaughter disclaims beneficial ownership of the shares owned by Kristen Slaughter and Leslie Slaughter.
The shares that were issued upon the exercise of options were immediately sold, as is presented in Table I.
These options vested in four equal installments on January 1, 2008, 2009, 2010 and 2011.
Pursuant to General Instruction 4(c)(iii) of Form 4, the exercise price is reported in Column 2 of this Table II.