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Gogo Inc. — Director's Dealing 2014
May 30, 2014
32128_dirs_2014-05-30_cb3d1ffa-f4ac-4d6b-81f6-f8f58e877ea8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Gogo Inc. (GOGO)
CIK: 0001537054
Period of Report: 2014-05-28
Reporting Person: WADE JOHN (EVP and GM, Bus. Aviation)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-05-28 | Common Stock | M | 25000 | $9.08 | Acquired | 31700 | Direct |
| 2014-05-28 | Common Stock | S | 31700 | $17.02 | Disposed | 0 | Direct |
| 2014-05-28 | Common Stock | A | 14000 | $0.00 | Acquired | 14000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-05-28 | Options (Right to Buy) | $9.08 | M | 25000 | Disposed | 2020-06-02 | Common Stock (25000) | Direct |
| 2014-05-28 | Options (Right to Buy) | $17.68 | A | 100000 | Acquired | 2024-05-28 | Common Stock (100000) | Direct |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.69 to $17.39, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2: Includes restricted shares.
F3: These options were granted on June 2, 2010 and 20% became vested and exercisable on the grant date and an additional 20% become vested and exercisable on each of the first four anniversaries of such date, subject to continued employment with the Company. 16,480 of the options are not yet vested and exercisable.
F4: These options were granted on May 28, 2014 and are scheduled to vest and become exercisable in four equal annual installments on the first four anniversaries of the grant date, subject to continued employment with the Company.