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Gogo Inc. Director's Dealing 2017

Mar 16, 2017

32128_dirs_2017-03-16_9f5c125a-c3d6-4950-bd7c-444b7d9f1575.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: 2017-03-14

Reporting Person: WADE JOHN (EVP and COO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-03-14 Common Stock A 10000 $0.00 Acquired 40007 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-03-14 Options (Right to Buy) $11.96 A 58340 Acquired 2027-03-14 Common Stock (58340) Direct
2017-03-14 Performance Options (Right to Buy) $11.96 A 29840 Acquired 2027-03-14 Common Stock (29840) Direct
2017-03-14 Performance Restricted Stock Units $ A 3840 Acquired Common Stock (3840) Direct

Footnotes

F1: Includes restricted shares.

F2: These options were granted on March 14, 2017 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.

F3: The performance options vest and become exercisable when they have both time vested and performance vested as follows: (i) the performance options time vest in equal annual installments on the first four anniversaries of March 14, 2017 and (ii) the performance options performance vest at such time, if any, as the per share closing price of Gogo common stock on the NASDAQ market during the period beginning on the grant date and ending on the fourth anniversary of March 14, 2017 equals or exceeds $25 for a period of 30 consecutive trading days. Any performance option that has not performance vested by March 14, 2021 shall be forfeited.

F4: Each performance restricted stock unit represents the contingent right to receive one share of the Company's common stock or its equivalent value in cash.

F5: The performance restricted stock units vest and are settled when they have both time vested and performance vested as follows: (i) the performance restricted stock units time vest in equal annual installments on the first four anniversaries of March 14, 2017 and (ii) the performance restricted stock units performance vest at such time, if any, as the per share closing price of Gogo common stock on the NASDAQ market during the period beginning on the grant date and ending on the fourth anniversary of March 14, 2017 equals or exceeds $25 for a period of 30 consecutive trading days. Any performance restricted stock unit that has not performance vested by March 14, 2021 shall be forfeited.