Gogo Inc. — Director's Dealing 2020

Jun 16, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Gogo Inc. (GOGO)
CIK: 0001537054
Period of Report: 2020-06-12

Reporting Person: WADE JOHN (President, CA division)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-12	Options (Right to Buy)	$17.78	D	82400	Disposed	2021-12-14	Common Stock (82400)	Direct
2020-06-12	Options (Right to Buy)	$18.72	D	82400	Disposed	2023-06-05	Common Stock (82400)	Direct
2020-06-12	Options (Right to Buy)	$17.68	D	100000	Disposed	2024-05-28	Common Stock (100000)	Direct
2020-06-12	Options (Right to Buy)	$21.45	D	64600	Disposed	2025-05-26	Common Stock (64600)	Direct
2020-06-12	Options (Right to Buy)	$8.37	D	64600	Disposed	2026-06-24	Common Stock (64600)	Direct
2020-06-12	Options (Right to Buy)	$12.23	D	19400	Disposed	2026-08-31	Common Stock (19400)	Direct
2020-06-12	Options (Right to Buy)	$11.96	D	58340	Disposed	2027-03-14	Common Stock (58340)	Direct
2020-06-12	Options (Right to Buy)	$11.96	D	29840	Disposed	2027-03-14	Common Stock (29840)	Direct
2020-06-12	Options (Right to Buy)	$10.23	D	37000	Disposed	2028-02-17	Common Stock (37000)	Direct
2020-06-12	Options (Right to Buy)	$10.23	D	37000	Disposed	2028-02-17	Common Stock (37000)	Direct
2020-06-12	Options (Right to Buy)	$4.57	D	60550	Disposed	2029-03-10	Common Stock (60550)	Direct
2020-06-12	Options (Right to Buy)	$4.57	D	20200	Disposed	2029-03-10	Common Stock (20200)	Direct
2020-06-12	Options (Right to Buy)	$2.61	A	219171	Acquired	2030-06-12	Common Stock (219171)	Direct

Footnotes

F1: These options provided for vesting in four annual installments beginning on the first anniversary of December 14, 2011, subject to continued employment with the Company.

F2: On 6/12/20, pursuant to its option exchange program, the issuer cancelled the following options to purchase shares of common stock held by the reporting person: (i) options to purchase 82,400 shares granted on 12/14/11, (ii) options to purchase 82,400 shares granted on 6/5/13, (iii) options to purchase 100,000 shares granted on 5/28/14, (iv) options to purchase 64,600 shares granted on 5/26/15, (v) options to purchase 64,600 shares granted on 6/24/16, (vi) options to purchase 19,400 shares granted on 8/31/16, (vii) options to purchase (A) 58,340 shares and (B) 29,840 shares granted on 3/14/17, (viii) options to purchase (A) 37,000 shares and (B) 37,000 shares granted on 2/17/18, and (ix) options to purchase (A) 60,550 shares and (B) 20,200 shares granted on 3/10/19. In exchange, the reporting person received replacement options to purchase 219,171 shares of common stock, having an exercise price of $2.61 per share.

F3: These options provided for vesting in four annual installments beginning on the first anniversary of June 5, 2013, subject to continued employment with the Company.

F4: These options provided for vesting in four annual installments beginning on the first anniversary of May 28, 2014, subject to continued employment with the Company.

F5: These options provided for vesting in four annual installments beginning on the first anniversary of May 26, 2015, subject to continued employment with the Company.

F6: These options provided for vesting in four annual installments beginning on the first anniversary of May 26, 2016, subject to continued employment with the Company.

F7: These options provided for vesting in four annual installments beginning on the first anniversary of May 26, 2016, subject to continued employment with the Company.

F8: These options provided for vesting in four annual installments beginning on the first anniversary of March 14, 2017, subject to continued employment with the Company.

F9: Following the elimination of the performance conditions for these options by the Compensation Committee of the Company, these options provided for vesting in four annual installments beginning on the first anniversary of March 14, 2017, subject to continued employment with the Company.

F10: These options provided for vesting in four annual installments beginning on the first anniversary of February 17, 2018, subject to continued employment with the Company.

F11: Following the elimination of the performance conditions for these options by the Compensation Committee of the Company, these options provided for vesting in four annual installments beginning on the first anniversary of February 17, 2018, subject to continued employment with the Company.

F12: These options provided for vesting in four annual installments beginning on the first anniversary of March 10, 2019, subject to continued employment with the Company.

F13: Following the elimination of the performance conditions for these options by the Compensation Committee of the Company, these options provided for vesting in four annual installments beginning on the first anniversary of March 10, 2019, subject to continued employment with the Company.

F14: These options vest on December 31, 2022, subject to continued employment with the Company.