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: Aguirre Sergio A. (President, BA division)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-12	Options (Right to Buy)	$17.78	D	5150	Disposed	2021-12-14	Common Stock (5150)	Direct
2020-06-12	Options (Right to Buy)	$18.72	D	2575	Disposed	2023-06-10	Common Stock (2575)	Direct
2020-06-12	Options (Right to Buy)	$18.09	D	11426	Disposed	2024-05-30	Common Stock (11426)	Direct
2020-06-12	Options (Right to Buy)	$21.45	D	10000	Disposed	2025-05-26	Common Stock (10000)	Direct
2020-06-12	Options (Right to Buy)	$8.37	D	27800	Disposed	2026-06-24	Common Stock (27800)	Direct
2020-06-12	Options (Right to Buy)	$11.96	D	23000	Disposed	2027-03-14	Common Stock (23000)	Direct
2020-06-12	Options (Right to Buy)	$11.96	D	7710	Disposed	2027-03-14	Common Stock (7710)	Direct
2020-06-12	Options (Right to Buy)	$10.23	D	19575	Disposed	2028-02-17	Common Stock (19575)	Direct
2020-06-12	Options (Right to Buy)	$10.23	D	6525	Disposed	2028-02-17	Common Stock (6525)	Direct
2020-06-12	Options (Right to Buy)	$2.61	A	52946	Acquired	2030-06-12	Common Stock (52946)	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 5,150 shares granted on 12/14/11, (ii) options to purchase 2,575 shares granted on 6/10/13, (iii) options to purchase 11,426 shares granted on 5/30/14, (iv) options to purchase 10,000 shares granted on 5/26/15, (v) options to purchase 27,800 shares granted on 6/24/16, (vi) options to purchase (A) 23,000 shares and (B) 7,710 shares granted on 3/14/17 and (vii) options to purchase (A) 19,575 shares and (B) 6,525 shares granted on 2/17/18. In exchange, the reporting person received replacement options to purchase 52,946 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 10, 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 30, 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 the continued employment with the Company.

F7: 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.

F8: 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.

F9: 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.

F10: 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.

F11: These options vest on December 31, 2022, subject to continued employment with the Company.