Barry L. Rowan - Dec 31, 2022 Form 4 Insider Report for Gogo Inc. (GOGO)

Role: EVP and CFO
Signature: /s/ Crystal L. Gordon, Attorney-in-Fact for Barry L. Rowan
Stock symbol: GOGO
Transactions as of: Dec 31, 2022
Transactions value $: -$357,989
Form type: 4
Date filed: 1/4/2023, 05:20 PM
Previous filing: Mar 31, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GOGO	Common Stock	Gift	$0	-10K	-9.04%	$0.00	101K	Dec 1, 2022	Direct
transaction	GOGO	Common Stock	Options Exercise		+55.3K	+54.88%		156K	Dec 31, 2022	Direct	F1
transaction	GOGO	Common Stock	Tax liability	-$358K	-24.3K	-15.56%	$14.76	132K	Dec 31, 2022	Direct
holding	GOGO	Common Stock						110K	Dec 31, 2022	By Family Trust

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	-55.3K	-77.54%	$0.00	16K	Dec 31, 2022	Common Stock	55.3K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents the contingent right to receive one share of the Company's common stock or its equivalent value in cash.
F2	32,000 of these restricted stock units vest in four equal installments on the first four anniversaries of March 17, 2020 and 55,250 of these restricted stock units will vest on December 31, 2022, in each case, subject to contined employment with the Company.