RigNet (RNET) executive Pickett returned to the company 182,317 shares

Insider transactions reported

Steven Edward Pickett (executive at RigNet, Inc., RNET) reported that they returned to the company 182,317 shares on Apr 30, 2021. After these transactions the filing shows 0 shares held directly.

Reporting person

Pickett Steven Edward

Options and other derivatives

Holdings before and after

• Common Stock: 182,317 to 0 direct
• Employee Stock Option (Right to Buy): 100,000 to 0 direct
• Restricted Stock Unit: 82,260 to 0 direct

Footnotes from the filing

1. 1. Disposed of pursuant to the merger agreement by and among RigNet, Inc., Viasat, Inc. and Royal Acquisition Sub, Inc. in exchange for 0.1845 shares of Viasat common stock for each share of RigNet common stock. The closing price per share of Viasat common stock on April 30, 2021, the effective date of the merger, was $51.79.
2. 2. Each stock option was assumed by Viasat in the merger and replaced with an option to purchase Viasat common stock based on the exchange ratio (with the exercise price with respect to such option being adjusted based on the exchange ratio).
3. 3. Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
4. 4. Each restricted stock unit was assumed by Viasat in the merger and replaced with a Viasat restricted stock unit based on the exchange ratio.

Transaction codes in this filing

Sale back to the company:

Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.

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