Traupman Edward 4
4 · RigNet, Inc. · Filed Mar 26, 2021
Insider Transaction Report
Form 4
RigNet, Inc.RNET
Traupman Edward
Vice President - SI&A
Transactions
- Tax Payment
Common Stock
2021-03-20$9.53/sh−566$5,394→ 40,196 total - Exercise/Conversion
Restricted Stock Unit
2021-03-19−1,174→ 4,159 total→ Common Stock (1,174 underlying) - Exercise/Conversion
Common Stock
2021-03-19+1,174→ 38,449 total - Exercise/Conversion
Common Stock
2021-03-19+1,075→ 39,524 total - Tax Payment
Common Stock
2021-03-19$9.53/sh−319$3,040→ 38,856 total - Exercise/Conversion
Restricted Stock Unit
2021-03-20−1,906→ 2,253 total→ Common Stock (1,906 underlying) - Tax Payment
Common Stock
2021-03-19$9.53/sh−349$3,326→ 39,175 total - Exercise/Conversion
Common Stock
2021-03-20+1,906→ 40,762 total - Exercise/Conversion
Restricted Stock Unit
2021-03-19−1,075→ 5,333 total→ Common Stock (1,075 underlying)
Footnotes (5)
- [F1]These shares were withheld solely for the purpose of paying taxes due upon the vesting of shares from restricted stock units that were granted to the Reporting Person.
- [F2]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- [F3]On March 15, 2017, the reporting person was granted 4,297 restricted stock units, of which 1/4 of the shares subject to the restricted stock units vested on March 19, 2018. The common stock into which such vested restricted stock units converted on March 19, 2020 is reported on Table 1 on this Form 4. The remaining unvested restricted stock units will continue to vest in equal annual installments until fully vested on March 19, 2021.
- [F4]On March 7, 2018, the reporting person was granted 4,696 restricted stock units, of which 1/4 of the shares subject to the restricted stock units vested on March 19, 2019. The common stock into which such vested restricted stock units converted on March 19, 2020 is reported on Table 1 on this Form 4. The remaining unvested restricted stock units will continue to vest in equal annual installments until fully vested on March 19, 2022.
- [F5]On March 20, 2019, the reporting person was granted 5,719 restricted stock units, of which 1/3 of the shares subject to the restricted stock units vested on March 20, 2020. The common stock into which such vested restricted stock units converted on March 20, 2020 is reported on Table 1 on this Form 4. The remaining unvested restricted stock units will continue to vest in equal annual installments until fully vested on March 20, 2022.