Form 4 for PL Planet Labs PBC

Accepted 2024-09-11 00:00:00 ET · period of report 2024-09-09 · accession 0001836833-24-000105 · 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
	2024-09-11	2024-09-09	PL	Marshall William Spencer	CEO, Co-Founder, Dir	A - Grant	—	+88.9K	3.00M	+3%	—
	2024-09-11	2024-09-09	PL	Marshall William Spencer	CEO, Co-Founder, Dir	F - Tax	$1.92	-31.7K	2.96M	-1%	-$60.9K

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	2024-09-09	A	A	88,889	—	2,996,085	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 first half of fiscal year ending January 31, 2025 ("H1") 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 H1.
2	Common	Class A Common Stock	2024-09-09	F	D	31,716	$1.92	2,964,369	D	—	—	(F2) 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"). (F3) Includes 2,385,386 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.