Home/Filings/4/0001209191-17-021132
4//SEC Filing

Gogo Inc. 4

Accession 0001209191-17-021132

$GOGOCIK 0001537054operating

Filed

Mar 15, 8:00 PM ET

Accepted

Mar 16, 5:09 PM ET

Size

13.1 KB

Accession

0001209191-17-021132

Insider Transaction Report

Form 4
Period: 2017-03-14
CHARI ANAND K
EVP, Engineering and CTO
Transactions
  • Award

    Common Stock

    2017-03-14+10,00040,087 total
  • Award

    Performance Options (Right to Buy)

    2017-03-14+29,84029,840 total
    Exercise: $11.96Exp: 2027-03-14Common Stock (29,840 underlying)
  • Award

    Options (Right to Buy)

    2017-03-14+58,34058,340 total
    Exercise: $11.96Exp: 2027-03-14Common Stock (58,340 underlying)
  • Award

    Performance Restricted Stock Units

    2017-03-14+3,8403,840 total
    Common Stock (3,840 underlying)
Footnotes (5)
  • [F1]Includes restricted shares.
  • [F2]These options were granted on March 14, 2017 and are scheduled to vest and become exercisable in four equal annual installments on the first four anniversaries of the grant date, subject to continued employment with the Company.
  • [F3]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 March 14, 2017 and (ii) the performance options performance vest at such time, if any, as the per share closing price of Gogo common stock on the NASDAQ market during the period beginning on the grant date and ending on the fourth anniversary of March 14, 2017 equals or exceeds $25 for a period of 30 consecutive trading days. Any performance option that has not performance vested by March 14, 2021 shall be forfeited.
  • [F4]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.
  • [F5]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 March 14, 2017 and (ii) the performance restricted stock units performance vest at such time, if any, as the per share closing price of Gogo common stock on the NASDAQ market during the period beginning on the grant date and ending on the fourth anniversary of March 14, 2017 equals or exceeds $25 for a period of 30 consecutive trading days. Any performance restricted stock unit that has not performance vested by March 14, 2021 shall be forfeited.

Issuer

Gogo Inc.

CIK 0001537054

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001537054

Filing Metadata

Form type
4
Filed
Mar 15, 8:00 PM ET
Accepted
Mar 16, 5:09 PM ET
Size
13.1 KB