0001209191-20-020209.txt : 20200319
0001209191-20-020209.hdr.sgml : 20200319
20200319125421
ACCESSION NUMBER: 0001209191-20-020209
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200317
FILED AS OF DATE: 20200319
DATE AS OF CHANGE: 20200319
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Elias Marguerite M
CENTRAL INDEX KEY: 0001297509
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35975
FILM NUMBER: 20727467
MAIL ADDRESS:
STREET 1: 1250 N ARLINGTON HEIGHTS RD
STREET 2: STE 500
CITY: ITASCA
STATE: IL
ZIP: 60143
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Gogo Inc.
CENTRAL INDEX KEY: 0001537054
STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899]
IRS NUMBER: 271650905
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 111 N. CANAL ST., SUITE 1500
CITY: CHICAGO
STATE: IL
ZIP: 60606
BUSINESS PHONE: (312) 517-5000
MAIL ADDRESS:
STREET 1: 111 N. CANAL ST., SUITE 1500
CITY: CHICAGO
STATE: IL
ZIP: 60606
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-03-17
0
0001537054
Gogo Inc.
GOGO
0001297509
Elias Marguerite M
111 N. CANAL STREET, STE 1500
CHICAGO
IL
60606
0
1
0
0
EVP, Gen Counsel and Secy
Common Stock
2020-03-17
4
M
0
8555
A
54678
D
Common Stock
2020-03-17
4
F
0
2958
2.14
D
51720
D
Performance Restricted Stock Units
2020-03-17
4
M
0
2880
0.00
D
Common Stock
2880
960
D
Performance Restricted Stock Units
2020-03-17
4
M
0
2750
0.00
D
Common Stock
2750
2750
D
Performance Restricted Stock Units
2020-03-17
4
M
0
2925
0.00
D
Common Stock
2925
8775
D
Options (Right to Buy)
2.14
2020-03-17
4
A
0
53000
0.00
A
2030-03-17
Common Stock
53000
53000
D
Restricted Stock Units
2020-03-17
4
A
0
87250
0.00
A
Common Stock
87250
87250
D
Includes restricted shares.
Restricted stock units convert into common stock on a one-for-one basis.
On March 14, 2017, the reporting person was granted 3,840 performance restricted stock units which were subject to both time-based vesting and performance-based vesting. Effective March 17, 2020, the Compensation Committee of the Company eliminated the performance conditions for these restricted stock units. This modification resulted in the immediate vesting and settlement of 2,880 restricted stock units, corresponding to the portion of the award for which service-vesting dates had previously elapsed. The remaining restricted stock units will vest on March 14, 2021, subject to continued employment with the Company.
On February 17, 2018, the reporting person was granted 5,500 performance restricted stock units which were subject to both time-based vesting and performance-based vesting. Effective March 17, 2020, the Compensation Committee of the Company eliminated the performance conditions for these restricted stock units. This modification resulted in the immediate vesting and settlement of 2,750 restricted stock units, corresponding to the portion of the award for which service-vesting dates had previously elapsed. The remaining restricted stock units will vest in two equal installments on the first two anniversaries of February 17, 2020, subject to continued employment with the Company.
On March 10, 2019, the reporting person was granted 11,700 performance restricted stock units which were subject to both time-based vesting and performance-based vesting. Effective March 17, 2020, the Compensation Committee of the Company eliminated the performance conditions for these restricted stock units. This modification resulted in the immediate vesting and settlement of 2,925 restricted stock units, corresponding to the portion of the award for which service-vesting dates had previously elapsed. The remaining restricted stock units will vest in three equal installments on the first three anniversaries of March 10, 2020, subject to continued employment with the Company.
These options will vest and become exercisable in four equal installments on the first four anniversaries of March 17, 2020, subject to continued employment with the Company.
Each restricted stock unit represents the contingent right to receive one share of the Company's common stock or its equivalent value in cash.
32,000 of these restricted stock units will vest in four equal installments on the first four anniversaries of March 17, 2020 and 55,250 of these restricted stock units will vest on December 31, 2022, in each case, subject to continued employment with the Company.
Marguerite M. Elias
2020-03-19