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
Gogo Inc.GOGO
CHARI ANAND K
EVP, Engineering and CTO
Transactions
- Award
Performance Restricted Stock Units
2016-06-24+2,178→ 2,178 total→ Common Stock (2,178 underlying) - Award
Common Stock
2016-06-24+10,700→ 30,087 total - Award
Options (Right to Buy)
2016-06-24+84,000→ 84,000 totalExercise: $8.37Exp: 2026-06-24→ Common Stock (84,000 underlying) - Award
Performance Restricted Stock Units
2016-06-24+1,122→ 1,122 total→ Common Stock (1,122 underlying) - Award
Performance Options (Right to Buy)
2016-06-24+8,942→ 8,942 totalExercise: $8.37Exp: 2026-06-24→ Common Stock (8,942 underlying) - Award
Performance Options (Right to Buy)
2016-06-24+17,358→ 17,358 totalExercise: $8.37Exp: 2026-06-24→ Common 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.
Documents
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