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

Signature
/s/ Margee Elias, Attorney-in-Fact for Sergio A. Aguirre
Issuer symbol
GOGO
Transactions as of
17 Mar 2022
Net transactions value
-$41,098
Form type
4
Filing time
21 Mar 2022, 15:44:22 UTC
Previous filing
14 Mar 2022
Next filing
28 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOGO Common Stock Options Exercise +8,000 +33% 32,345 17 Mar 2022 Direct F1
transaction GOGO Common Stock Tax liability $41,098 -2,318 -7.2% $17.73 30,027 17 Mar 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 -8,000 -10% $0.000000 71,250 17 Mar 2022 Common Stock 8,000 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 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 continued employment with the Company.