Filing Details

Accession Number:
0001181431-13-005214
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-01-28 19:05:38
Reporting Period:
2013-01-25
Filing Date:
2013-01-28
Accepted Time:
2013-01-28 19:05:38
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
1506690 B. Mark Slaughter C/O Rignet, Inc.
1880 S. Dairy Ashford, Suite 300
Houston TX 77077
Chief Executive Officer & Pres Yes 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 2013-01-25 735 $7.00 28,064 No 4 M Direct
Common Stock Disposition 2013-01-25 735 $22.00 27,329 No 4 S Direct
Common Stock Acquisiton 2013-01-28 4,226 $7.00 31,555 No 4 M Direct
Common Stock Disposition 2013-01-28 4,226 $22.00 27,329 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
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) Disposition 2013-01-25 735 $0.00 735 $7.00
Common Stock Stock Options (right to buy) Disposition 2013-01-28 4,226 $0.00 4,226 $7.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
312,106 2017-01-01 No 4 M Direct
307,880 2017-01-01 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 125 Indirect By Kristen Slaughter
Common Stock 125 Indirect By Leslie Slaughter
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. Mr. Slaughter disclaims beneficial ownership of the shares owned by Kristen Slaughter and Leslie Slaughter.
  4. The shares that were issued upon the exercise of options were immediately sold, as is presented in Table I.
  5. This option vests in four equal annual installments beginning January 1, 2008 and was fully vested on January 1, 2011.
  6. Pursuant to General Instruction 4(c)(iii) of Form 4, the exercise price is reported in Column 2 of this Table II.
  7. The price in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $22.00 to $22.05, 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.