Sergio A. Aguirre - Feb 17, 2022 Form 4 Insider Report for Gogo Inc. (GOGO)

Role
President, Business Aviation
Signature
/s/ Margee Elias, Attorney-in-Fact for Sergio A. Aguirre
Stock symbol
GOGO
Transactions as of
Feb 17, 2022
Transactions value $
-$4,372
Form type
4
Date filed
2/22/2022, 07:13 PM
Previous filing
Aug 3, 2021
Next filing
Mar 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOGO Common Stock Options Exercise +974 +6.25% 16.5K Feb 17, 2022 Direct F1
transaction GOGO Common Stock Tax liability -$4.37K -333 -2.01% $13.13 16.2K Feb 17, 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 -731 -100% $0.00* 0 Feb 17, 2022 Common Stock 731 Direct F1, F2
transaction GOGO Performance Restricted Stock Units Options Exercise $0 -243 -100% $0.00* 0 Feb 17, 2022 Common Stock 243 Direct F1, F3
* 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 February 17, 2018, the reporting person was granted 2,925 restricted stock units, vesting in four equal annual installments on the first four anniversaries of February 17, 2018, subject to continued employment with the Company.
F3 Following the elimination of the performance conditions for these options by the Compensation Committee of the Company, these options provided for vesting in four annual installments beginning on the first anniversary of February 17, 2018, subject to continued employment with the Company.