Filing Details
- Accession Number:
- 0001181431-12-065652
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-12-18 17:28:01
- Reporting Period:
- 2012-12-14
- Filing Date:
- 2012-12-18
- Accepted Time:
- 2012-12-18 17:28:01
- SEC Url:
- Form 4 Filing
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 | Chief Executive Officer & Pres | 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 | 2012-12-14 | 168 | $7.00 | 27,497 | No | 4 | M | Direct | |
Common Stock | Disposition | 2012-12-14 | 168 | $20.00 | 27,329 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2012-12-17 | 5,000 | $7.00 | 32,329 | No | 4 | M | Direct | |
Common Stock | Disposition | 2012-12-17 | 5,000 | $20.05 | 27,329 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
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 | Stock Options (right to buy) | Acquisiton | 2012-12-14 | 168 | $0.00 | 168 | $7.00 |
Common Stock | Stock Options (right to buy) | Acquisiton | 2012-12-12 | 5,000 | $0.00 | 5,000 | $7.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
326,841 | 2017-01-01 | No | 4 | M | Direct | |
321,841 | 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 Slaughtre |
Footnotes
- These shares represent the options which were exercised as presented in Table II.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- The price in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $20.00 to $20.12, inclusive. The reporting person undertakes to provide RigNet, Inc., any security holder of RigNet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- 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.
- This option vests in four equal annual installments beginning January 1, 2008 and will be fully vested on January 1, 2011.
- Pursuant to General Instruction 4(c)(iii) of Form 4, the exercise prices is reported in Column 2 of this Table II.