CHARLES C. TOWNSEND - 30 Jun 2021 Form 4 Insider Report for Gogo Inc. (GOGO)

Role
Director
Signature
/s/ Margee Elias, Attorney-in-Fact for Charles C. Townsend
Issuer symbol
GOGO
Transactions as of
30 Jun 2021
Transactions value $
$0
Form type
4
Filing time
02 Jul 2021, 12:47:46 UTC
Next filing
04 Oct 2021
SEC
View on sec.gov

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 +5.27K +4.6% $0.00 120K 30 Jun 2021 Common Stock 5.27K Direct F1, F2
* 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 June 30, 2021, and are scheduled to vest on June 30, 2022, subject to the director's continued service on the Company's board of directors. 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.