SEC Form 4 · accession 0001179110-15-009120
BOINGO WIRELESS INC · WIFI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tom Tracey
Officer — Senior VP of Operations
Period of report
Jun 1, 2015
Accepted (ET)
Jun 3, 2015 · 7:50 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 | Jun 1, 2015 | M | 2,894 | $0.00 | A | 36,440 | D | |
| Common Stock | Jun 1, 2015 | F | 1,087 | $8.98 | D | 35,353 | D | |
| Common StockF2 | Jun 1, 2015 | M | 2,892 | $0.00 | A | 38,245 | D | |
| Common Stock | Jun 1, 2015 | F | 1,086 | $8.98 | D | 37,159 | D | |
| Common StockF3 | Jun 1, 2015 | M | 1,140 | $0.00 | A | 38,299 | D | |
| Common Stock | Jun 1, 2015 | F | 428 | $8.98 | D | 37,821 | D | |
| Common Stock | Jun 1, 2015 | S | 2,500 | $8.89 | D | 35,371 | 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 UnitsF4,F5 | — | Jun 1, 2015 | M | 2,894 | D | — | — | Common Stock | 2,894 | 20,257 | D |
| Restricted Stock UnitsF4,F6 | — | Jun 1, 2015 | M | 2,892 | D | — | — | Common Stock | 2,892 | 31,803 | D |
| Performance Restricted Stock UnitsF4,F7 | — | Jun 1, 2015 | M | 1,140 | D | — | — | Common Stock | 1,140 | 7,982 | D |
Explanation of responses
- F1The shares acquired represent the vesting and automatic settlement of 2,894 of reporting person's restricted stock units on June 1, 2015.
- F2The shares acquired represent the vesting and automatic settlement of 2,892 of reporting person's restricted stock units on June 1, 2015.
- F3The shares acquired represent the vesting and automatic settlement of 1,140 of reporting person's performance restricted stock units on June 1, 2015.
- F4Each restricted stock unit represents a contingent right to receive one share of Boingo Wireless, Inc. common stock
- F5The 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.
- F6The 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.
- F7This 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
Remarks
The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan dated 3/6/15.