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

Role
President, Business Aviation
Signature
/s/ Margee Elias, Attorney-in-Fact for Sergio A. Aguirre
Stock symbol
GOGO
Transactions as of
Jul 31, 2021
Transactions value $
-$3,101
Form type
4
Date filed
8/3/2021, 12:51 PM
Next filing
Feb 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOGO Common Stock Options Exercise +1.04K +6.98% 15.9K Jul 31, 2021 Direct F1
transaction GOGO Common Stock Tax liability -$3.1K -299 -1.88% $10.37 15.6K Jul 31, 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% $0.00 375 Jul 31, 2021 Common Stock 375 Direct F1, F2
transaction GOGO Performance Restricted Stock Units Options Exercise $0 -660 -50% $0.00 660 Jul 31, 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.