Form 4: Gogo Inc. Director Receives Deferred Share Units

GTCR Partners XII/A&C LP, a 10% owner and director of Gogo Inc., reports the acquisition of deferred share units.

Summary

• On June 30, 2024, GTCR Partners XII/A&C LP, a 10% owner and director of Gogo Inc., acquired 6,237 deferred share units.
• These units were granted to Mr. Mark Anderson, a director of the company.
• The deferred share units will vest in full on the one-year anniversary of the grant date and will be settled in shares of Gogo Inc.'s common stock following the director's termination of service on the company's board of directors.
• Mr. Anderson is an employee of GTCR LLC, an affiliate of the reporting persons, and must hold these securities on behalf of and for the benefit of the GTCR-affiliated entities.
• The reporting persons disclaim beneficial ownership of the securities except to the extent of their pecuniary interest.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (grant of deferred share units) and doesn't contain any information that would significantly impact investor sentiment positively or negatively. It's a neutral event.

Future Outlook

The deferred share units will vest in full on the one-year anniversary of the grant date and will be settled in shares of the Company's common stock following the director's termination of service on the Company's board of directors.

Industry Context

This filing reflects standard practice for compensating board members with equity-based awards, aligning their interests with those of shareholders.

Stakeholder Impact

• The grant of deferred share units aligns the director's interests with those of the shareholders.

Key Dates