SEC Form 4 · accession 0001179110-16-026547
BOINGO WIRELESS INC · WIFI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terrell B Jones
Director
Period of report
Jun 14, 2016
Accepted (ET)
Jun 16, 2016 · 4:40 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 14, 2016 | M | 7,668 | $0.00 | A | 47,346 | 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 UnitsF2,F3 | — | Jun 14, 2016 | M | 7,668 | D | — | — | Common Stock | 7,668 | 7,668 | D |
Explanation of responses
- F1The shares acquired represent the vesting and automatic settlement of 7668 of the Reporting Person's restricted stock units on June 14, 2016
- F2Each Restricted Stock Unit represents a contingent right to receive one share of Boingo Wireless, Inc. common stock
- F3Subject to continuous service, these Restricted Stock Units shall vest 25% per year over a four-year period commencing on June 14, 2013, provided, however, that subject to continuous service, these Restricted Stock Units shall vest upon the earlier of (i) a change in control of Boingo Wireless, Inc.; or (ii) the day immediately prior to Boingo Wireless, Inc.'s first regular meeting of stockholders that occurs in 2017. These Restricted Stock Units will be settled in shares of Common Stock that will be delivered to the Reporting Person shortly after each vesting date.