Filing Details
- Accession Number:
- 0001181431-14-015524
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-04-03 18:01:53
- Reporting Period:
- 2014-04-01
- Filing Date:
- 2014-04-03
- Accepted Time:
- 2014-04-03 18:01:53
- 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 |
|---|---|---|---|---|---|---|---|
| 1506691 | D. William Sutton | C/O Rignet, Inc. 1880 S. Dairy Ashford, Suite 300 Houston TX 77077 | Vice President | No | 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 | 2014-04-01 | 5,000 | $9.64 | 25,436 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2014-04-01 | 5,000 | $53.42 | 20,436 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| 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 | 2014-04-01 | 5,000 | $0.00 | 5,000 | $9.64 |
| Common Stock | Stock Options (right to buy) | Acquisiton | 2014-03-05 | 9,863 | $0.00 | 9,863 | $47.17 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 92,124 | 2018-01-01 | No | 4 | M | Direct | |
| 92,124 | 2024-05-15 | No | 4 | A | Direct |
Footnotes
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- The price in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $53.04 to $53.94, 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.
- This option vested in four equal annual installments beginning January 1, 2008 and was fully vested on January 1, 2011.
- Pursuant to General Instruction 4(c)(iii) of Form 4, the exercise prices is reported in Column 2 of this Table II.
- The exercise price in the Form 4 filed March 7, 2014 was incorrectly reported to be $24.84.
- This option vests in four equal annual installments beginning May 15, 2015 and will be fully vested on May 15, 2018.
- Pursuant to General Instruction 4(c)(iii) of Form 4, the exercise prices is reported in Column 2 of this Table II.
Billionaire Hedge Funds
