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RNET RigNet Inc

9.60
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
RigNet Inc NASDAQ:RNET NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 9.60 9.46 9.60 0 01:00:00

Initial Statement of Beneficial Ownership (3)

24/03/2017 4:03pm

Edgar (US Regulatory)


FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

HILBERT JAY T

2. Date of Event Requiring Statement (MM/DD/YYYY)
3/15/2017 

3. Issuer Name and Ticker or Trading Symbol

RigNet, Inc. [RNET]

(Last)        (First)        (Middle)

15115 PARK ROW BLVD., SUITE 300

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
SVP - Sales /

(Street)

HOUSTON, TX 77084       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (right to buy)     (1) 11/7/2026   Common Stock   7500   $14.55   D    
Restricted Stock Unit     (2) (3)   (3) Common Stock   7500   $0.00   D    
Restricted Stock Unit     (2) (4)   (4) Common Stock   6330   $0.00   D    

Explanation of Responses:
( 1)  These stock options vest in four equal annual installments beginning November 7, 2017 and will be fully vested on November 7, 2020.
( 2)  Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
( 3)  These restricted stock units vest in four equal annual installments beginning November 7, 2017 and will be fully vested on November 7, 2020.
( 4)  These restricted stock units vest in four equal annual installments beginning March 19, 2018 and will be fully vested on March 19, 2021.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
HILBERT JAY T
15115 PARK ROW BLVD.
SUITE 300
HOUSTON, TX 77084


SVP - Sales

Signatures
William D. Sutton pursuant to a Limited Power of Attorney filed with the SEC on March 24, 2017 /s/ William D. Sutton 3/24/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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