SEC Form 4 · accession 0001179110-18-012188
BOINGO WIRELESS INC · WIFI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Hagan
Officer — Chief Executive Officer · Director
Period of report
Oct 11, 2018
Accepted (ET)
Oct 15, 2018 · 5:44 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 Stock | Oct 11, 2018 | M | 15,000 | $1.40 | A | 522,314 | D | |
| Common StockF1 | Oct 11, 2018 | S | 15,000 | $30.58 | D | 507,314 | D | |
| Common Stock | Oct 12, 2018 | M | 15,000 | $1.40 | A | 522,314 | D | |
| Common StockF2 | Oct 12, 2018 | S | 15,000 | $30.53 | D | 507,314 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $1.40 | Oct 11, 2018 | M | 15,000 | D | — | Dec 31, 2019 | Common Stock | 15,000 | 29,000 | D |
| Employee Stock Option (Right to Buy)F3 | $1.40 | Oct 12, 2018 | M | 15,000 | D | — | Dec 31, 2019 | Common Stock | 15,000 | 14,000 | D |
Explanation of responses
- F1This transaction was executed in multiple sales through a sales order executed by a broker-dealer at prices ranging from $30.05 to $31.17. The price reported in this column reflects the weighted average sale price. The Reporting Person will provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F2This transaction was executed in multiple sales through a sales order executed by a broker-dealer at prices ranging from $30.34 to $30.72. The price reported in this column reflects the weighted average sale price. The Reporting Person will provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F3Subject to continuous service, this option is exercisable with respect to 1/4th of the shares subject to this option on 12/31/10; and with respect to an additional 1/36th of the remaining shares subject to this option each month thereafter; as of the transaction date this option is fully vested and exercisable.
Remarks
The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan dated 9/11/18.