X0306 4 2017-12-27 true 0001162112 RigNet, Inc. RNET 0001429403 Schneider Charles E. C/O RIGNET, INC. 15115 PARK ROW BLVD., SUITE 300 HOUSTON TX 77084 false true false false CFO and Senior Vice President Common Stock 2017-12-27 4 J false 3361.00 0.00 D 824.00 D Common Stock 2017-12-27 4 M false 541.00 0.00 A 1365.00 D Common Stock 2017-12-27 4 M false 6667.00 0.00 A 8032.00 D Performance Unit 2017-12-27 4 M false 541.00 D Common Stock 541.00 0.00 D Restricted Stock Unit 2017-12-27 4 M false 6667.00 D Common Stock 6667.00 0.00 D Shares were forfeited due to the reporting person's separation from the issuer. Each performance unit represents a contingent right to receive one share of the Issuer's common stock under the Issuer's 2010 Omnibus Incentive Plan, as amended. On March 10, 2016, the reporting person was awarded a target number of performance units ("PUs") which were subject to the achievement of certain pre-established metrics over a one-year performance period which began on January 1, 2016 and ended December 31, 2016. On Mach 15, 2017, the Compensation Committee of the Issuer's Board of Directors certified the performance metrics and determined the number of PUs that were earned by the reporting person. The PUs become payable on July 1, 2019, but may be settled earlier upon certain circumstances as defined in the Issuer's Performance Unit Award Agreement. Each restricted stock unit represents the right to receive, at settlement, one share of common stock. The settlement of these restricted stock units has been accelerated on the effective date of the reporting person's separation from the issuer pursuant to the terms of the reporting person's Restricted Stock Unit Award Agreement with the issuer. The reporting person previously reported 5,333 shares which has been forfeited due to reporting person's separation from the issuer. Shelly Buchman pursuant to a Limited Power of Attorney filed with the SEC on December 14, 2015 /s/ Shelly Buchman 2017-12-29