RigNet, Inc. (NASDAQ:RNET) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07
RigNet, Inc. (NASDAQ:RNET) Files An 8-K Submission of Matters to a Vote of Security Holders
The 2020 Annual Meeting of Stockholders (the “Annual Meeting”) of RigNet, Inc. (the “Company”), was held on Wednesday, May 6, 2020. The proposals submitted to the stockholders are described in detail in the Company’s proxy statement for the Annual Meeting, which was filed with the Securities and Exchange Commission on April 8, 2020. At the Annual Meeting, the stockholders of the Company:
Item 1.Elected all nine director nominees to the Company’s Board of Directors to serve until the 2021 Annual Meeting of Stockholders or until their respective successors have been elected:
Item 2.Ratified the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020:
Item 3.Approved an Amendment to the RigNet, Inc. 2019 Omnibus Incentive Plan
Item 4.Approved, as an advisory vote, the compensation of named executive officers:
About RigNet, Inc. (NASDAQ:RNET)
RigNet, Inc. (RigNet) is a provider of digital technology solutions to the oil and gas industry. The Company provides managed remote communications, managed services and collaborative applications, focusing on offshore and onshore drilling rigs, energy production facilities, and energy maritime. The Company operates through three segments: Eastern Hemisphere, Western Hemisphere and RigNet Systems Integration and Automation. The Company’s Eastern Hemisphere segment provides remote communications services for customers and rig sites located on the eastern side of the Atlantic Ocean. The Company’s Western Hemisphere segment provides remote communications services for onshore and offshore customers and rig sites located on the western side of the Atlantic Ocean. The Company’s RigNet Systems Integration and Automation segment designs, assembles, installs and commissions solutions for customer telecommunications systems.