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Planet Labs PBC — Director's Dealing 2023
Jun 7, 2023
31183_dirs_2023-06-07_b6f0c2b7-cf5e-4fbb-9d9f-a49ac0ec7a58.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: 2023-06-06
Reporting Person: Johnson Ashley F. (CFO & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-06-06 | Class A Common Stock | F | 2058 | $4.86 | Disposed | 934038 | Direct |
| 2023-06-07 | Class A Common Stock | S | 500 | $5 | Disposed | 933538 | Direct |
Footnotes
F1: Does not represent a sale of shares by the Reporting Person. This transaction represents shares of common stock withheld by the Issuer in payment of the withholding tax liability incurred upon the vesting of restricted stock units ("RSUs").
F2: Includes: (i) 812,484 RSUs that vest in equal quarterly installments on the 15th of March, June, September and December; and (ii) 31,909 RSUs which vest in equal monthly installments on the 6th of every month. The RSUs represent a contingent right to receive one share of issuer's Class A Common Stock each and have no expiration date.
F3: The sale was made pursuant to a 10b5-1 plan adopted by the reporting person on January 24, 2023.
F4: Includes RSUs that represent a contingent right to receive one share of issuer's Class A Common Stock each and have no expiration date.