Sergio A. Aguirre - 31 Jul 2021 Form 4 Insider Report for Gogo Inc. (GOGO)

Role: President, Business Aviation
Signature: /s/ Margee Elias, Attorney-in-Fact for Sergio A. Aguirre
Issuer symbol: GOGO
Transactions as of: 31 Jul 2021
Net transactions value: -$3,101
Form type: 4
Filing time: 03 Aug 2021, 12:51:25 UTC
Next filing: 22 Feb 2022
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		+1,035	+7%		15,872	31 Jul 2021	Direct	F1
transaction	GOGO	Common Stock	Tax liability	$3,101	-299	-1.9%	$10.37	15,573	31 Jul 2021	Direct

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	Options Exercise	$0	-375	-50%	$0.000000	375	31 Jul 2021	Common Stock	375		Direct	F1, F2
transaction	GOGO	Performance Restricted Stock Units	Options Exercise	$0	-660	-50%	$0.000000	660	31 Jul 2021	Common Stock	660		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 July 31, 2018, the reporting person was granted 1,502 restricted stock units, vesting in four equal annual installments on the first four anniversaries of July 31, 2018.
F3	Following the elimination of the performance conditions for these restricted stock units by the Compensation Committee of the Company, these restricted stock units will vest in three equal installments on July 31, 2020 and the first two anniversaries thereof, subject to continued employment with the Company.