Jessica Betjemann - Dec 31, 2022 Form 4 Insider Report for Gogo Inc. (GOGO)

Role
SVP, Finance, Treasurer & CAO
Signature
/s/ Crystal L. Gordon, Attorney-in-Fact for Jessica Betjemann
Stock symbol
GOGO
Transactions as of
Dec 31, 2022
Transactions value $
-$84,324
Form type
4
Date filed
1/4/2023, 05:15 PM
Previous filing
Sep 16, 2022
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOGO Common Stock Options Exercise +19.5K +67.9% 48.2K Dec 31, 2022 Direct F1
transaction GOGO Common Stock Tax liability -$84.3K -5.71K -11.85% $14.76 42.5K Dec 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 -19.5K -78% $0.00 5.5K Dec 31, 2022 Common Stock 19.5K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the contingent right to receive one share of the Company's common stock or its equivalent value in cash.
F2 11,000 of these restricted stock units vest in four equal installments on the first four anniversaries of March 17, 2020 and 19,500 of these restricted stock units will vest on December 31, 2022, in each case, subject to continued employment with the Company.