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Planet Labs PBC Director's Dealing 2023

Jul 11, 2023

31183_dirs_2023-07-11_8854a1ce-495c-4be9-b95d-e0d1e7344f4f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Planet Labs PBC (PL)
CIK: 0001836833
Period of Report: 2023-07-11

Reporting Person: de Masi Niccolo (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-07-11 Class A Common Stock A 54055 Acquired 103577 Direct
2023-07-11 Class A Common Stock A 40541 Acquired 144118 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 3048165 Indirect

Footnotes

F1: Includes 54,055 restricted stock units, each of which represent a contingent right to receive one share of issuer's Class A Common Stock ("RSUs"). The RSUs will fully vest on the earlier of (i) the first anniversary of the grant or (ii) the date of the Issuer's next annual meeting of stockholders to occur following the grant, in either case, subject to continuous service through the vesting date.

F2: Includes 40,541 RSUs that vest in equal quarterly installments on the 15th of September, December, March and June, subject to continuous service through the vesting date. The RSUs represent annual retainer fees that the reporting person elected to receive in the form of RSUs in lieu of cash.

F3: Includes: (a) 40,541 RSUs that vest in equal quarterly installments on the 15th of September, December, March and June; and (b) 54,055 RSUs which fully vest on the earlier of (i) the first anniversary of the grant or (ii) the date of the issuer's next annual meeting of stockholders to occur following the grant. The RSUs represent a contingent right to receive one share of the issuer's Class A Common Stock each and have no expiration date.

F4: Includes 3,011,400 shares of issuer's Class A Common Stock that Isalea Investments LP received as a pro rata distribution from dMY Sponsor IV, LLC which was exempt from the reporting requirements of Section 16.