Michael Abad-Santos - Sep 30, 2023 Form 4 Insider Report for Gogo Inc. (GOGO)

Role
Director
Signature
/s/ Crystal L. Gordon, Attorney-in-Fact for Michael Abad-Santos
Stock symbol
GOGO
Transactions as of
Sep 30, 2023
Transactions value $
$0
Form type
4
Date filed
10/3/2023, 04:11 PM
Previous filing
Jul 5, 2023
Next filing
Jan 3, 2024

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 Deferred Share Units Award $0 +3.98K +317.46% $0.00 5.24K Sep 30, 2023 Common Stock 3.98K Direct F1, F2
transaction GOGO Deferred Share Units Award $0 +735 +14.04% $0.00 5.97K Sep 30, 2023 Common Stock 735 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each deferred share unit represents the contingent right to receive one share of the Company's common stock.
F2 These deferred share units were granted on September 30, 2023, and are fully vested on the grant date. The deferred share units will be settled in shares of the Company's common stock following the director's termination of service on the Company's board of directors.
F3 Reflects additional deferred shares granted on September 30, 2023 to correct an administrative error in the calculation of the number of deferred shares that should have been granted to Mr. Abad-Santos on June 30, 2023.