Form 4 for PL Planet Labs PBC
Accepted 2024-03-28 00:00:00 ET · period of report 2024-03-27 · accession 0001836833-24-000032 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-03-28 | 2024-03-27 | PL | Schingler Robert H | Co-Founder Chief Strategy Off, Dir | F - Tax | $2.55 | -8,294 | 1.25M | -0.7% | -$21.1K | |
| 2024-03-28 | 2024-03-27 | PL | Schingler Robert H | Co-Founder Chief Strategy Off, Dir | A - Grant | $0.00 | +23.3K | 1.26M | +2% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-03-27 | F | D | 8,294 | $2.55 | 1,247,230 | D | — | — | (F3) No shares were sold by the reporting person. This transaction 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 PSUs. (F2) Includes 1,133,371 restricted stock units ("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 | 2024-03-27 | A | A | 23,289 | $0.00 | 1,255,524 | D | — | — | (F1) Represents shares of issuer's Class A Common Stock acquired upon the vesting of performance restricted stock units ("PSUs") that were received in lieu of the reporting person's cash bonus earned for the second half of fiscal year ending January 31, 2024 ("H2") under the issuer's Amended & Restated Annual Cash Incentive Plan. The reporting person elected to convert such cash bonus into PSUs representing 100% of the earned cash bonus amount for H2 (F2) Includes 1,133,371 restricted stock units ("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. |