Sullivan Brendan 4
4 · RigNet, Inc. · Filed Apr 29, 2021
Insider Transaction Report
Form 4
RigNet, Inc.RNET
Sullivan Brendan
CTO/CIO
Transactions
- Award
Common Stock
2021-04-27+17,173→ 56,051 total - Tax Payment
Common Stock
2021-04-27$9.22/sh−980$9,036→ 55,545 total - Tax Payment
Common Stock
2021-04-27$9.22/sh−4,089$37,701→ 51,962 total - Tax Payment
Common Stock
2021-04-27$9.22/sh−155$1,429→ 52,440 total - Award
Common Stock
2021-04-27+633→ 52,595 total - Exercise/Conversion
Common Stock
2021-04-27+4,085→ 56,525 total
Footnotes (4)
- [F1]Represents shares of Common Stock received upon settlement of a performance share unit award (the "PSU Award") on April 27, 2021. On November 25, 2019, the reporting person was awarded a target number of performance units ("PUs") which were subject to the achievement of certain pre-established metrics.
- [F2]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.
- [F3]Represents shares of Common Stock received upon settlement of a performance share unit award (the "PSU Award") on April 27, 2021. On March 7, 2018, the reporting person was awarded a target number of performance units ("PUs") which were subject to the achievement of certain pre-established metrics over three one-year performance periods. January 1, 2018 to December 31, 2018, January 1, 2019 to December 31, 2019, January 1, 2020 to December 31, 2020, respectively.
- [F4]Represents shares of Common Stock received upon settlement of a performance share unit award (the "PSU Award") on April 27, 2021. On March 20, 2019, the reporting person was awarded a target number of performance units ("PUs") which were subject to the achievement of certain pre-established metrics.