Jessica Betjemann - 03 Mar 2024 Form 4 Insider Report for Gogo Inc. (GOGO)

Signature
/s/ Crystal L. Gordon, Attorney-in-Fact Jessica Betjemann
Issuer symbol
GOGO
Transactions as of
03 Mar 2024
Net transactions value
-$44,161
Form type
4
Filing time
05 Mar 2024, 19:13:16 UTC
Previous filing
18 Sep 2023
Next filing
19 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOGO Common Stock Options Exercise +10,587 +18% 69,623 03 Mar 2024 Direct F1
transaction GOGO Common Stock Tax liability $44,161 -5,251 -7.5% $8.41 64,372 03 Mar 2024 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 -10,587 -25% $0.000000 31,760 03 Mar 2024 Common Stock 10,587 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 On March 3, 2023, the reporting person was granted 42,347 restricted stock units, vesting in four equal annual installments on the first four anniversaries of March 3, 2023, subject to continued employment with the Company.