Form 4 for PL Planet Labs PBC

Accepted 2023-09-19 00:00:00 ET · period of report 2023-09-15 · accession 0001836833-23-000094 · 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
	2023-09-19	2023-09-15	PL	Marshall William Spencer	CEO, Co-Founder, Dir	F - Tax	$2.80	-28.3K	1.31M	-2%	-$79.3K
	2023-09-19	2023-09-19	PL	Marshall William Spencer	CEO, Co-Founder, Dir	P - Purchase	$2.70	+100.0K	1.41M	+8%	+$270.0K

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	2023-09-15	F	D	28,314	$2.80	1,305,356	D	—	—	(F1) No shares were sold by the reporting person. The transaction disclosed represents shares of the issuer's Class A Common Stock withheld by the issuer in payment of the withholding tax liability incurred upon the vesting of restricted stock units ("RSUs"). (F2) Includes 1,146,289 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.
2	Common	Class A Common Stock	2023-09-19	P	A	100,000	$2.70	1,405,356	D	—	—	(F3) The price reported in Column 4 is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $2.66 to $2.72 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. (F2) Includes 1,146,289 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.