Form 4 for GOGO Gogo Inc.
Accepted 2022-05-10 00:00:00 ET · period of report 2022-05-06 · accession 0000899243-22-017415 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2022-05-10 | 2022-05-06 | GOGO | Thorndale Farm, Inc. | 10% | C - Cnv Deriv | $6.00 | +1.33M | 27.26M | +5% | +$8.00M |
| DI | 2022-05-10 | 2022-05-06 | GOGO | Thorndale Farm, Inc. | 10% | C - Cnv Deriv | $0.00 | -8.00M | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-05-06 | C | A | 1,333,333 | $6.00 | 27,258,136 | I See Footnote | — | — | (F2) Reflects (i) 27,118,600 shares of common stock held directly by Thorndale Farm Gogo, LLC and (ii) 139,536 shares of common stock held directly by OAP, LLC. Thorndale Farm, Inc. is the managing member of Thorndale Farm Gogo, LLC. Mr. Thorne, as the chief executive officer of Thorndale Farm, Inc., may be deemed to have beneficial ownership of the shares of common stock held by Thorndale Farm Gogo, LLC. Additionally, Mr. Thorne, as the managing member of OAP, LLC, may be deemed to have beneficial ownership of the shares of common stock held by OAP, LLC. Mr. Thorne and Thorndale Farm, Inc. disclaim beneficial ownership of such shares of common stock except, in each case, to the extent of any pecuniary interest therein and this report shall not be deemed an admission that Mr. Thorne or Thorndale Farm, Inc. is a beneficial owner of such shares of common stock for purposes of Section 16 or for any other purpose. |
| 2 | Derivative | 6.00% Convertible Senior Notes due 2022 | 2022-05-06 | C | D | 8,000,000 | $0.00 | 0 | I See Footnote | $6.00 · 2022-01-15 to 2022-05-15 | 1,333,333 Common Stock | (F3) Reflects 6.00% Convertible Senior Notes due 2022 held by Thorndale Farm Private Equity 2, LLC. Thorndale Farm, Inc., as the managing member of Thorndale Farm Private Equity 2, LLC, may be deemed to have beneficial ownership of the 6.00% Convertible Senior Notes due 2022 held by Thorndale Farm Private Equity 2, LLC. Thorndale Farm, Inc. and Mr. Thorne, as the Chief Executive Officer of Thorndale Farm, Inc., disclaim beneficial ownership of such 6.00% Convertible Senior Notes due 2022 except to the extent of any pecuniary interest therein and this report shall not be deemed an admission that Thorndale Farm, Inc. or Mr. Thorne is the beneficial owner of such 6.00% Convertible Senior Notes due 2022. In connection with the conversion, Thorndale Farm Private Equity 2, LLC assigned the shares of common stock received as a result of the conversion to Thorndale Farm Gogo, LLC. |