Jessica Betjemann - 10 Mar 2022 Form 4 Insider Report for Gogo Inc. (GOGO)

Role
SVP, Finance, Treasurer & CAO
Signature
/s/ Margee Elias, Attorney-in-Fact for Jessica Betjemann
Issuer symbol
GOGO
Transactions as of
10 Mar 2022
Net transactions value
-$36,452
Form type
4
Filing time
14 Mar 2022, 11:20:56 UTC
Previous filing
22 Feb 2022
Next filing
21 Mar 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 +6,500 +29% 28,658 10 Mar 2022 Direct F1
transaction GOGO Common Stock Tax liability $36,452 -2,123 -7.4% $17.17 26,535 10 Mar 2022 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 -2,750 -50% $0.000000 2,750 10 Mar 2022 Common Stock 2,750 Direct F1, F2
transaction GOGO Restricted Stock Units Options Exercise $0 -3,750 -50% $0.000000 3,750 10 Mar 2022 Common Stock 3,750 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 10, 2019, the reporting person was granted 11,000 restricted stock units, vesting in four equal annual installments on the first four anniversaries of March 10, 2019, subject to continued employment with the Company.
F3 On March 11, 2019, the reporting person was granted 15,000 restricted stock units, vesting in four equal annual installments on the first four anniversaries of March 10, 2019, subject to continued employment with the Company.