Home/Filings/4/0001209191-16-129814
4//SEC Filing

Gogo Inc. 4

Accession 0001209191-16-129814

$GOGOCIK 0001537054operating

Filed

Jun 27, 8:00 PM ET

Accepted

Jun 28, 12:02 PM ET

Size

19.1 KB

Accession

0001209191-16-129814

Insider Transaction Report

Form 4
Period: 2016-06-24
CHARI ANAND K
EVP, Engineering and CTO
Transactions
  • Award

    Performance Restricted Stock Units

    2016-06-24+2,1782,178 total
    Common Stock (2,178 underlying)
  • Award

    Common Stock

    2016-06-24+10,70030,087 total
  • Award

    Options (Right to Buy)

    2016-06-24+84,00084,000 total
    Exercise: $8.37Exp: 2026-06-24Common Stock (84,000 underlying)
  • Award

    Performance Restricted Stock Units

    2016-06-24+1,1221,122 total
    Common Stock (1,122 underlying)
  • Award

    Performance Options (Right to Buy)

    2016-06-24+8,9428,942 total
    Exercise: $8.37Exp: 2026-06-24Common Stock (8,942 underlying)
  • Award

    Performance Options (Right to Buy)

    2016-06-24+17,35817,358 total
    Exercise: $8.37Exp: 2026-06-24Common Stock (17,358 underlying)
Footnotes (7)
  • [F1]Includes restricted shares.
  • [F2]Each performance restricted stock unit represents the contingent right to receive one share of the Company's common stock or its equivalent value in cash.
  • [F3]The performance restricted stock units vest and are settled when they have both time vested and performance vested as follows: (i) the performance restricted stock units time vest in equal annual installments on the first four anniversaries of May 26, 2016 (subject to continued employment with the Company) and (ii) the performance restricted stock units performance vest at such time, if any, as the per share closing price of the Company's common stock on the NASDAQ market during the period beginning on the grant date and ending on the fourth year anniversary of May 26, 2016 equals or exceeds $21 for a period of 30 consecutive trading days. Any performance restricted stock unit that has not performance vested by May 26, 2020 shall be forfeited.
  • [F4]The performance restricted stock units vest and are settled when they have both time vested and performance vested as follows: (i) the performance restricted stock units time vest in equal annual installments on the first four anniversaries of May 26, 2016 (subject to continued employment with the Company) and (ii) the performance restricted stock units performance vest at such time, if any, as the per share closing price of the Company's common stock on the NASDAQ market during the period beginning on the grant date and ending on the fourth anniversary of May 26, 2016 equals or exceeds $28 for a period of 30 consecutive trading days. Any performance restricted stock unit that has not performance vested by May 26, 2020 shall be forfeited.
  • [F5]These options were granted on June 24, 2016 and are scheduled to vest and become exercisable in four equal annual installments on the first four anniversaries of May 26, 2016, subject to continued employment with the Company.
  • [F6]The performance options vest and become exercisable when they have both time vested and performance vested as follows: (i) the performance options time vest in equal annual installments on the first four anniversaries of May 26, 2016 (subject to continued employment with the Company) and (ii) the performance options performance vest at such time, if any, as the per share closing price of the Company's common stock on the NASDAQ market during the period beginning on the grant date and ending on the fourth anniversary of May 26, 2016 equals or exceeds $21 for a period of 30 consecutive trading days. Any performance option that has not performance vested by May 26, 2020 shall be forfeited.
  • [F7]The performance options vest and become exercisable when they have both time vested and performance vested as follows: (i) the performance options time vest in equal annual installments on the first four anniversaries of May 26, 2016 (subject to continued employment with the Company) and (ii) the performance options performance vest at such time, if any, as the per share closing price of the Company's common stock on the NASDAQ market during the period beginning on the grant date and ending on the fourth anniversary of May 26, 2016 equals or exceeds $28 for a period of 30 consecutive trading days. Any performance option that has not performance vested by May 26, 2020 shall be forfeited.

Issuer

Gogo Inc.

CIK 0001537054

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001537054

Filing Metadata

Form type
4
Filed
Jun 27, 8:00 PM ET
Accepted
Jun 28, 12:02 PM ET
Size
19.1 KB