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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
1507729	Altira Group Llc	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	Disposition	2011-01-06	58,398	$11.16	2,179,542	No	4	S	Indirect	(1)(2)

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	(1)(2)

Footnotes

Altira Group LLC is the managing member of Altira Technology Fund III LLC and the managing member and sole member of Altira Management IV LLC, which is the general partner of Altira Technology Fund IV L.P.
918,017 shares of Common Stock are owned directly by Altira Technology Fund IV L.P. and 1,261,525 shares of Common Stock are owned directly by Altira Technology Fund III LLC. Altira Group LLC is an indirect beneficial owner of the reported securities held by Altira Technology Fund IV L.P. Altira Group LLC and Altira Management IV LLC are indirect beneficial owners of the reported securities held by Altira Technology Fund IV L.P.
These shares of the Issuer's Common Stock were sold by the reporting persons in a registered underwritten public offering pursuant to an underwriting agreement entered into on December 14, 2010. 29,448 of such shares were sold by Altira Technology Fund III LLC and 28,950 of such shares were sold by Altira Technology Fund IV L.P.
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.