Form 4 for PL Planet Labs PBC

Accepted 2023-04-05 00:00:00 ET · period of report 2023-04-03 · accession 0001836833-23-000020 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
I	2023-04-05	2023-04-03	PL	Weil Kevin	Pres, Product, Business	P - Purchase	$3.64	+274.0K	439.6K	+165%	+$997.4K
	2023-04-05	2023-04-05	PL	Weil Kevin	Pres, Product, Business	A - Grant	$0.00	+618.8K	1.50M	+70%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2023-04-03	P	A	274,000	$3.64	439,580	I The Weil Family Trust DTD 10/19/2011	—	—	(F1) The price reported in Column 4 is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $3.61 to $3.675 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
2	Common	Class A Common Stock	2023-04-05	A	A	618,812	$0.00	1,497,638	D	—	—	(F2) Represents restricted stock units ("RSUs"), each of which represent a contingent right to receive one share of issuer's Class A Common Stock. The RSUs will vest in equal quarterly installments over 4 years, beginning on June 15, 2023. The RSUs have no expiration date. (F3) Includes 1,221,973 RSUs that vest in equal quarterly installments on the 15th of March, June, September and December. The RSUs represent a contingent right to receive one share of issuer's Class A Common Stock each and have no expiration date.