Marguerite M. Elias - Mar 17, 2022 Form 4 Insider Report for Gogo Inc. (GOGO)

Signature
Marguerite M. Elias
Stock symbol
GOGO
Transactions as of
Mar 17, 2022
Transactions value $
-$41,559
Form type
4
Date filed
3/21/2022, 03:45 PM
Previous filing
Mar 14, 2022
Next filing
Mar 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOGO Common Stock Options Exercise +8K +11.43% 78K Mar 17, 2022 Direct F1
transaction GOGO Common Stock Tax liability -$41.6K -2.34K -3.01% $17.73 75.6K Mar 17, 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 -8K -10.09% $0.00 71.3K Mar 17, 2022 Common Stock 8K Direct F1, F2
* 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 32,000 of these restricted stock units vest in four equal installments on the first four anniversaries of March 17, 2020 and 55,250 of these restricted stock units will vest on December 31, 2022, in each case, subject to contined employment with the Company.