SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Davis Charles Louis IV

(Last) (First) (Middle)
C/O RIGNET, INC.
15115 PARK ROW BLVD., SUITE 300

(Street)
HOUSTON TX 77084

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RigNet, Inc. [ RNET ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/27/2018
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/27/2018 S 4,000 D $13.7315(1) 28,313 D
Common Stock 03/28/2018 S 8,000 D $13.3123(2) 20,313 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The price in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $13.30 to $14.05, 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.
2. The price in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $13.20 to $13.43, 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.
Remarks:
Shelly Buchman pursuant to a Limited Power of Attorney filed with the SEC on September 5, 2017 /s/ Shelly Buchman 03/28/2018
** 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 4 (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.
LIMITED POWER OF ATTORNEY FOR SECTION 16 REPORTING OBLIGATIONS
Know all by these presents, that the undersigned hereby constitutes 
and appoints each of Shelly Buchman, Brian Fenske and Trevor G. 
Pinkerton or either of them acting singly and with full power of 
substitution, the undersigned's true and lawful attorney-in-fact to:
 
 
      1.	execute for and on behalf of the undersigned, in the 
undersigned's capacity as an officer or director or both of RigNet, 
Inc. (the "Company"), Forms 3, 4 and 5 (and any amendments thereto) 
in accordance with Section 16(a) of the Securities Exchange Act of 
1934, as amended (the "Exchange Act"), and the rules thereunder;
 
      2.	do and perform any and all acts for and on behalf of the 
undersigned which may be necessary or desirable to complete and 
execute any such Form 3, 4 or 5, complete and execute any amendments 
thereto, and timely file such form with the U.S. Securities and 
Exchange Commission (the "SEC") and any securities exchange or 
similar authority, including without limitation the filing of a Form 
ID or any other documents necessary or appropriate to enable the 
undersigned to file the Forms 3, 4 and 5 electronically with the SEC; 
and
 
      3.	seek or obtain, as the undersigned's representative and on 
the undersigned's
 behalf, information on transactions in the 
Company's securities from any third party, including brokers, 
employee benefit plan administrators and trustees, and the 
undersigned hereby authorizes any such person to release any such 
information to each of the undersigned's attorneys-in-fact appointed 
by this Limited Power of Attorney and approves and ratifies any such 
release of information; and
 
 
      4.	take any other action in connection with the foregoing 
which, in the opinion of such attorney-in-fact, may be of benefit to, 
in the best interest of, or legally required by or for, the 
undersigned, it being understood that the documents executed by such 
attorney-in-fact on behalf of the undersigned pursuant to this 
Limited Power of Attorney shall be in such form and shall contain 
such information and disclosure as such attorney-in-fact may approve 
in such attorney-in-fact's discretion.
 
 
            The undersigned hereby grants to each such attorney-in-fact 
full power and authority to do and perform any and every act and 
thing whatsoever required, necessary or proper to be done in the 
exercise of any of the rights and powers herein granted, as fully to 
all intents and purposes as the undersigned might or could do if 
personally present, with full power of substitution or revocation, 
hereby ratifying and confirming all that such attorney-in-fact, or 
such attorney-in-fact's substitute or substitutes, shall lawfully do 
or cause to be done by virtue of this Limited Power of Attorney and 
the rights and powers herein granted.
 
 
            The undersigned acknowledges that the foregoing attorneys-
in-fact, in serving in such capacity at the request and on the behalf 
of the undersigned, are not assuming, nor is the Company assuming, 
any of the undersigned's responsibilities to comply with, or any 
liability for the failure to comply with, any provision of Section 16 
of the Exchange Act.
 
            This Limited Power of Attorney shall remain in full force 
and effect until the undersigned is no longer required to file Forms 
3, 4 or 5 with respect to the undersigned's holdings of and 
transactions in securities issued by the Company, unless earlier 
revoked by the undersigned in a signed writing delivered to each of 
the foregoing attorneys-in-fact.
      IN WITNESS WHEREOF, the undersigned has executed this Limited 
Power of Attorney as of this 5th day of September 2017.

Signed and acknowledged: 
/s/ Charles Louis Davis IV