Jessica Betjemann - Mar 17, 2023 Form 4 Insider Report for Gogo Inc. (GOGO)

Signature
/s/ Crystal L. Gordon, Attorney-in-Fact for Jessica Betjemann
Stock symbol
GOGO
Transactions as of
Mar 17, 2023
Transactions value $
-$11,689
Form type
4
Date filed
3/21/2023, 04:24 PM
Previous filing
Mar 14, 2023
Next filing
Mar 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOGO Common Stock Options Exercise +2.75K +5.87% 49.6K Mar 17, 2023 Direct F1
transaction GOGO Common Stock Tax liability -$11.7K -805 -1.62% $14.52 48.8K Mar 17, 2023 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 -2.75K -50% $0.00 2.75K Mar 17, 2023 Common Stock 2.75K 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 11,000 of these restricted stock units vest in four equal installments on the first four anniversaries of March 17, 2020 and 19,500 of these restricted stock units vested and settled on December 31, 2022, in each case, subject to continued employment with the Company.