SEC Form 4 · accession 0001179110-15-003858
BOINGO WIRELESS INC · WIFI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Hovenier
Officer — Chief Financial Officer
Period of report
Feb 26, 2015
Accepted (ET)
Mar 2, 2015 · 7:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001169988
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 27, 2015 | A | 104,085 | A | — | — | Common Stock | 104,085 | 104,085 | D |
| Performance Restricted Stock UnitsF1,F3 | — | Feb 26, 2015 | A | 41,050 | A | — | — | Common Stock | 41,050 | 41,050 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Boingo Wireless, Inc. common stock.
- F2The restricted stock units will vest in twelve successive equal quarterly installments beginning on March 1, 2015, so that the restricted stock units will become fully vested on March 1, 2018. The restricted stock units will be settled in shares of common stock that will be delivered to the Reporting Person shortly after each vesting date.
- F3This transaction reflects, with respect to the number of shares reported, achievement of the fiscal year 2014 performance goals applicable to the Reporting Person's fiscal year 2014 performance restricted stock unit award. Of these performance restricted stock units, 1/3 will vest on March 1, 2015 and the balance will vest in a series of eight successive equal quarterly installments thereafter, so that the performance restricted stock units will become fully vested on March 1, 2017. The performance restricted stock units will be settled in shares of common stock that will be delivered to the Reporting Person shortly after each vesting date.