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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Traupman Edward

(Last) (First) (Middle)
15115 PARK ROW BLVD.
SUITE 300

(Street)
HOUSTON TX 77084

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/15/2017
3. Issuer Name and Ticker or Trading Symbol
RigNet, Inc. [ RNET ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice President - SI&A
5. If Amendment, Date of Original Filed (Month/Day/Year)
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)
Common Stock 1,000 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: 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) 11/07/2026 Common Stock 4,000 $14.55 D
Restricted Stock Unit (2)(3) (2) Common Stock 4,000 $0.00 D
Restricted Stock Unit (3)(4) (4) Common Stock 4,297 $0.00 D
Explanation of Responses:
1. These options vest in four equal annual installments beginning November 7, 2017 and will be fully vested on November 7, 2020.
2. These restricted stock units vest in four equal annual installments beginning November 7, 2017 and will be fully vested on November 7, 2020.
3. Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
4. These restricted stock units vest in four equal annual installments beginning March 19, 2018 and will be fully vested on March 19, 2021.
Remarks:
William D. Sutton pursuant to a Limited Power of Attorney filed with the SEC on March 22, 2017 /s/ William D. Sutton 03/22/2017
** 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 Number.