Karen Jackson - Apr 2, 2024 Form 4 Insider Report for Gogo Inc. (GOGO)

Role
For. EVP, Chf People Exp. Off
Signature
/s/ Crystal L. Gordon, Attorney-in-Fact for Karen Jackson
Stock symbol
GOGO
Transactions as of
Apr 2, 2024
Transactions value $
-$113,036
Form type
4
Date filed
4/4/2024, 05:53 PM
Previous filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOGO Common Stock Options Exercise +46.2K +74.27% 108K Apr 2, 2024 Direct F1, F5
transaction GOGO Common Stock Tax liability -$113K -13.5K -12.48% $8.36 94.8K Apr 2, 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 -12.9K -100% $0.00* 0 Apr 2, 2024 Common Stock 12.9K Direct F1, F2, F5
transaction GOGO Restricted Stock Units Options Exercise $0 -11.9K -100% $0.00* 0 Apr 2, 2024 Common Stock 11.9K Direct F1, F3, F5
transaction GOGO Restricted Stock Units Options Exercise $0 -21.3K -100% $0.00* 0 Apr 2, 2024 Common Stock 21.3K Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Karen Jackson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 On March 29, 2021, the reporting person was granted 51,735 restricted stock units, initially set to vest in four equal annual installments on the first four anniversaries of March 29, 2021, subject to continued employment with the Company.
F3 On March 24, 2022, the reporting person was granted 23,797 restricted stock units, initially set to vest in four equal annual installments on the first four anniversaries of March 24, 2022, subject to continued employment with the Company.
F4 On March 3, 2023, the reporting person was granted 28,433 restricted stock units, initially set to vest in four equal annual installments on the first four anniversaries of March 3, 2023, subject to continued employment with the Company.
F5 The vesting of these restricted stock units was automatically accelerated in full pursuant to the terms of the reporting person's employment agreement with the Company (as previously approved by the compensation committee), in connection with her employment ending thereunder effective April 2, 2024.