Key facts
- This page summarizes Zachary Cotner's Form 4 filing for Gogo Inc. (GOGO).
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 18 Mar 2025, 16:02.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
Award
Additional SEC filing notes
Footnote F1
Restricted stock units ("RSUs") and performance stock units ("PSUs") each convert into common stock on a one-for-one basis.
Footnote F2
On March 14, 2025, the reporting person was granted 50,000 RSUs, vesting in five equal annual installments on the first five anniversaries of December 3, 2024, subject to continued employment with the Company.
Footnote F3
On March 14, 2025, the reporting person was granted 50,000 PSUs. The PSUs will vest (i) 25% upon the earlier of (a) the Company's achievement, as certified by its compensation committee, of an Average Stock Price (as defined in the applicable award agreement) of at least $20.00 and (b) the consummation of a Change in Control (as defined in the applicable award agreement) pursuant to which the Change in Control Price (as defined in the applicable award agreement) is at least $20.00 per share, and (ii) 25% upon the earlier of (a) the Company's achievement, as certified by its compensation committee, of an Average Stock Price of at least $25.00 per share and (2) the consummation of a Change in Control pursuant to which the Change in Control Price is at least $25.00 per share, in each case subject to continued employment with the Company.
SEC remarks
As previously disclosed, the RSUs and PSUs were granted pursuant to an inducement award agreement outside of the issuer's 2024 Omnibus Equity Incentive Plan as a material inducement to the reporting person's acceptance of employment with the issuer in accordance with Nasdaq Listing Rule 5635(c)(4).