Charles C. Townsend - Feb 29, 2024 Form 4 Insider Report for Gogo Inc. (GOGO)

Role
Director
Signature
/s/ Crystal L. Gordon, Attorney-in-Fact
Stock symbol
GOGO
Transactions as of
Feb 29, 2024
Transactions value $
$2,410,844
Form type
4
Date filed
3/4/2024, 05:19 PM
Previous filing
Jan 3, 2024
Next filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOGO Common Stock Purchase $845K +103K +7.27% $8.17 1.53M Feb 29, 2024 By Trust F1, F3, F5
transaction GOGO Common Stock Purchase $1.57M +186K +12.21% $8.41 1.71M Mar 1, 2024 By Trust F2, F3, F5
holding GOGO Common Stock 2.12M Feb 29, 2024 By LLC F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.85 to $8.21, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.05 to $8.50, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F3 Shares are held directly by the Charles C. Townsend III Trust. Mr. Townsend, as a co-trustee of the foregoing trust, may be deemed to have beneficial ownership of the shares held by it.
F4 Shares are held directly by Pac 3, LLC. Mr. Townsend, as the president of the foregoing company, may be deemed to have beneficial ownership of the shares held by it.
F5 Mr. Townsend disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.