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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
1506687	As Growth Energy	C/O Rignet, Inc. 1880 S. Dairy Ashford, Suite 300 Houston TX 77077		No	No	Yes	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	2010-12-20	2,636,016	$0.00	4,649,691	No	4	C	Direct
Common Stock	Disposition	2010-12-20	521,739	$11.16	4,127,952	No	4	S	Direct

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

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series B Preferred Stock	Disposition	2010-12-20	729,775	$0.00	1,647,366	$0.00
Common Stock	Series C Preferred Stock	Disposition	2010-12-20	680,731	$0.00	988,650	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	C	Direct
0			No	4	C	Direct

Footnotes

These shares of the issuer's common stock were sold by the reporting person in a registered underwritten public offering pursuant to an underwriting agreement entered into on December 14, 2010.
Represents public offering price of $12.00 per share of common stock less the underwriter's discount of $0.84 per share of common stock.
The amount of underlying securities consists of (i) shares of Common Stock issued in connection with the conversion, which occurred immediately prior to the closing of the Issuer's initial public offering on December 20, 2010, of the Series B Preferred Stock and Series C Preferred Stock reported in column 5 and the accrued and unpaid dividends on the Series B Preferred Stock and Series C Preferred Stock reported in column 5 and (ii) shares of Common Stock issued to pay the major event preference, which occurred immediately prior to the closing of the Issuer's initial public offering on December 20, 2010, for the preferred stock reported in column 5. The conversion and major event preference are more fully described in the prospectus filed by the Issuer pursuant to Rule 424(b) under the Securities Act of 1933 on December 16, 2010. The Series B Preferred Stock and Series C Preferred Stock had no expiration date.