Filing Details

Accession Number:
0001181431-13-017426
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-03-18 16:10:27
Reporting Period:
2013-03-14
Filing Date:
2013-03-18
Accepted Time:
2013-03-18 16:10:27
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
1506689 L. Martin Jimmerson C/O Rignet, Inc.
1880 S. Dairy Ashford, Suite 300
Houston TX 77077
Cfo And Vice President No 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 2013-03-14 5,000 $7.00 26,122 No 4 M Direct
Common Stock Disposition 2013-03-14 5,000 $23.09 21,122 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 Stock Options (Right to buy) Acquisiton 2013-03-14 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
199,174 2017-01-01 No 4 M Direct
Footnotes
  1. These shares represent the options which were exercised as presented in Table II.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
  3. The shares that were issued upon the exercise of options were immediately sold, as is presented in Table I.
  4. This option vested in four equal annual installments beginning January 1, 2008 and was fully vested on January 1, 2011.
  5. Pursuant to General Instruction 4(c)(iii) of Form 4, the exercise price is reported in Column 2 of this Table II.
  6. The price in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $23.00 to 23.16, 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.