Sergio A. Aguirre - Jul 31, 2022 Form 4 Insider Report for Gogo Inc. (GOGO)

Role: President and COO
Signature: /s/ Margee Elias, Attorney-in-Fact for Sergio A. Aguirre
Stock symbol: GOGO
Transactions as of: Jul 31, 2022
Transactions value $: -$7,864
Form type: 4
Date filed: 8/2/2022, 10:35 AM
Previous filing: Apr 5, 2022
Next filing: Jan 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GOGO	Common Stock	Options Exercise		+1.04K	+2.43%		43.7K	Jul 31, 2022	Direct	F1
transaction	GOGO	Common Stock	Tax liability	-$7.86K	-453	-1.04%	$17.36	43.3K	Jul 31, 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	-375	-100%	$0.00^*	0	Jul 31, 2022	Common Stock	375		Direct	F1, F2
transaction	GOGO	Performance Restricted Stock Units	Options Exercise	$0	-660	-100%	$0.00^*	0	Jul 31, 2022	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.