BOINGO WIRELESS INC 4
4 · BOINGO WIRELESS INC · Filed Jun 16, 2016
Insider Transaction Report
Form 4
JONES TERRELL B
Director
Transactions
- Exercise/Conversion
Common Stock
2016-06-14+7,668→ 47,346 total - Exercise/Conversion
Restricted Stock Units
2016-06-14−7,668→ 7,668 total→ Common Stock (7,668 underlying)
Footnotes (3)
- [F1]The shares acquired represent the vesting and automatic settlement of 7668 of the Reporting Person's restricted stock units on June 14, 2016
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of Boingo Wireless, Inc. common stock
- [F3]Subject to continuous service, these Restricted Stock Units shall vest 25% per year over a four-year period commencing on June 14, 2013, provided, however, that subject to continuous service, these Restricted Stock Units shall vest upon the earlier of (i) a change in control of Boingo Wireless, Inc.; or (ii) the day immediately prior to Boingo Wireless, Inc.'s first regular meeting of stockholders that occurs in 2017. These Restricted Stock Units will be settled in shares of Common Stock that will be delivered to the Reporting Person shortly after each vesting date.