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

Signature
/s/ Crystal L. Gordon, Attorney-in-Fact for Sergio A. Aguirre
Issuer symbol
GOGO
Transactions as of
31 Dec 2022
Net transactions value
-$357,989
Form type
4
Filing time
04 Jan 2023, 17:14:36 UTC
Previous filing
02 Aug 2022
Next filing
07 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOGO Common Stock Options Exercise +55,250 +128% 98,503 31 Dec 2022 Direct F1
transaction GOGO Common Stock Tax liability $357,989 -24,254 -25% $14.76 74,249 31 Dec 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 -55,250 -78% $0.000000 16,000 31 Dec 2022 Common Stock 55,250 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 continued employment with the Company.