SEC Form 4 · accession 0001179110-15-005197
BOINGO WIRELESS INC · WIFI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicholas W Hulse
Officer — President
Period of report
Mar 2, 2015
Accepted (ET)
Mar 18, 2015 · 7:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001169988
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 2, 2015 | M | 11,576 | $0.00 | A | 46,758 | D | |
| Common Stock | Mar 2, 2015 | F | 4,293 | $7.20 | D | 42,465 | D | |
| Common StockF2 | Mar 2, 2015 | M | 18,245 | $0.00 | A | 60,710 | D | |
| Common Stock | Mar 2, 2015 | F | 6,856 | $7.20 | D | 53,854 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Mar 2, 2015 | M | 11,576 | D | — | — | Common Stock | 11,576 | 92,425 | D |
| Performance Restricted Stock UnitsF3,F5 | — | Mar 2, 2015 | M | 18,245 | D | — | — | Common Stock | 18,245 | 36,489 | D |
Explanation of responses
- F1The shares acquired represent the vesting and automatic settlement of 11,576 of reporting person's restricted stock units on March 2, 2015.
- F2The shares acquired represent the vesting and automatic settlement of 18,245 of reporting person's performance restricted stock units on March 2, 2015.
- F3Each restricted stock unit represents a contingent right to receive one share of Boingo Wireless, Inc. common stock
- F4The restricted stock units will vest in a series of twelve successive equal quarterly installments beginning on March 1, 2014, so that the restricted stock units will become fully vested on March 1, 2017. 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.
- F51/3 of these performance restricted stock units 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