BOINGO WIRELESS INC 4
4 · BOINGO WIRELESS INC · Filed Jun 2, 2017
Insider Transaction Report
Form 4
AUSTIN MAURY
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2017-06-01−8,726→ 17,452 total→ Common Stock (8,726 underlying) - Exercise/Conversion
Common Stock
2017-06-01+8,726→ 8,726 total
Footnotes (3)
- [F1]The shares acquired represent the vesting and automatic settlement of 8726 of the Reporting Person's restricted stock units on June 1, 2017
- [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 33 1/3% per year over a three-year period commencing on June 1, 2016, 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 2019. 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.