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Planet Labs PBC — Director's Dealing 2023
Apr 5, 2023
31183_dirs_2023-04-05_0aba6d3d-af6f-453a-8534-bb9c80169594.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: 2023-04-03
Reporting Person: Weil Kevin (President, Product & Business)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-04-03 | Class A Common Stock | P | 274000 | $3.6391 | Acquired | 439580 | Indirect |
| 2023-04-05 | Class A Common Stock | A | 618812 | — | Acquired | 1497638 | Direct |
Footnotes
F1: The price reported in Column 4 is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $3.61 to $3.675 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2: Represents 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 installments over 4 years, beginning on June 15, 2023. The RSUs have no expiration date.
F3: Includes 1,221,973 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.