Cotner Zachary 4
4 · Gogo Inc. · Filed Mar 18, 2025
Insider Transaction Report
Form 4
Gogo Inc.GOGO
Cotner Zachary
Chief Financial Officer
Transactions
- Award
Performance Stock Units
2025-03-14+50,000→ 50,000 total→ Common Stock (50,000 underlying) - Award
Restricted Stock Units
2025-03-14+50,000→ 50,000 total→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]Restricted stock units ("RSUs") and performance stock units ("PSUs") each convert into common stock on a one-for-one basis.
- [F2]On March 14, 2025, the reporting person was granted 50,000 RSUs, vesting in five equal annual installments on the first five anniversaries of December 3, 2024, subject to continued employment with the Company.
- [F3]On March 14, 2025, the reporting person was granted 50,000 PSUs. The PSUs will vest (i) 25% upon the earlier of (a) the Company's achievement, as certified by its compensation committee, of an Average Stock Price (as defined in the applicable award agreement) of at least $20.00 and (b) the consummation of a Change in Control (as defined in the applicable award agreement) pursuant to which the Change in Control Price (as defined in the applicable award agreement) is at least $20.00 per share, and (ii) 25% upon the earlier of (a) the Company's achievement, as certified by its compensation committee, of an Average Stock Price of at least $25.00 per share and (2) the consummation of a Change in Control pursuant to which the Change in Control Price is at least $25.00 per share, in each case subject to continued employment with the Company.