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Planet Labs PBC — Director's Dealing 2021
Dec 10, 2021
31183_dirs_2021-12-09_967768f8-bdc9-4451-9a88-20e3755d79b1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: dMY Technology Group, Inc. IV (PL)
CIK: 0001836833
Period of Report: 2021-12-07
Reporting Person: Brennan Ita M (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-07 | Class A Common Stock | A | 15318 | — | Acquired | 15318 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-07 | Earnout - Class A Shares | $ | A | 1690 | Acquired | Class A Common Stock (1690) | Direct |
Footnotes
F1: Pursuant to the business combination (the "Business Combination") of dMY Technology Group, Inc. IV and Planet Labs Inc. ("Former Planet"), each share of Former Planet capital stock (other than Class B common stock of Former Planet) was converted into the right to receive approximately 1.53184 shares of the issuer's Class A common stock (the "Exchange Ratio") at the closing of the Business Combination.
F2: Includes 15,318 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 installements beginning on September 15, 2021. The RSUs have no expiration date.
F3: Includes 15,318 RSUs.
F4: Includes 1,690 earnout shares that will vest in four substantially equal installments if the closing price of the issuer's Class A Common Stock equals or exceeds $15.00, $17.00, $19.00 and $21.00, over any 20 trading days within any 30 day trading period prior to December 7, 2026 or if the issuer consummates a change of control transaction prior to December 7, 2026 that entitles its stockholders to receive a per share consideration of at least $15.00, $17.00, $19.00 and $21.00. Issuable only if the holder continues to provide services to the issuer or its subsidiaries through the date on which the earnout shares are issued.