Oakleigh Thorne - 21 Mar 2025 Form 4 Insider Report for Gogo Inc. (GOGO)

Role: Executive Chair, Director, 10%+ Owner
Signature: /s/ Crystal L. Gordon, Attorney-in-Fact for Oakleigh Thorne
Issuer symbol: GOGO
Transactions as of: 21 Mar 2025
Net transactions value: -$66,598
Form type: 4
Filing time: 25 Mar 2025, 16:30:14 UTC
Previous filing: 18 Mar 2025
Next filing: 01 Apr 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GOGO	Common Stock	Options Exercise		+22,475	+3.2%		733,816	24 Mar 2025	Direct	F1
transaction	GOGO	Common Stock	Tax liability	$66,598	-8,102	-1.1%	$8.22	725,714	24 Mar 2025	Direct
holding	GOGO	Common Stock						100	21 Mar 2025	By Spouse
holding	GOGO	Common Stock						27,303,395	21 Mar 2025	See Footnote	F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GOGO	Restricted Stock Units	Award	$0	-336,927	-50%	$0.000000	336,927	21 Mar 2025	Common Stock	336,927		Direct	F1, F2
transaction	GOGO	Restricted Stock Units	Options Exercise	$0	-22,475	-50%	$0.000000	22,475	24 Mar 2025	Common Stock	22,475		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units convert into common stock on a one-for-one basis.
F2	On March 21, 2025, the reporting person was granted 336,927 restricted stock units, vesting in full on December 31, 2025, subject to continued employment with the Company.
F3	On March 24, 2022, the reporting person was granted 89,900 restricted stock units, vesting in four equal annual installments on the first four anniversaries of March 24, 2022, subject to continued employment with the Company.
F4	Reflects (i) 27,163,859 shares of common stock held directly by Thorndale Farm Gogo, LLC and (ii) 139,536 shares of common stock held directly by OAP, LLC. Thorndale Farm, Inc. is the managing member of Thorndale Farm Gogo, LLC. Mr. Thorne, as the chief executive officer of Thorndale Farm, Inc. may be deemed to have beneficial ownership of the shares of common stock held by Thorndale Farm Gogo, LLC. Additionally, Mr. Thorne, as the managing member of OAP, LLC, may be deemed to have beneficial ownership of the shares of common stock held by OAP, LLC. Mr. Thorne and Thorndale Farm, Inc. disclaim beneficial ownership of such shares of common stock except, in each case, to the extent of any pecuniary interest therein and this report shall not be deemed an admission that Mr. Thorne or Thorndale Farm, Inc. is a beneficial owner of such shares of common stock for purposes of Section 16 or for any other purpose.