| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PL | Earnout - Class A Shares | Award | +496K | 496K | Dec 7, 2021 | Class A Common Stock | 496K | Direct | F1, F3 | ||||
| transaction | PL | Earnout - Class B Shares | Award | +1.17M | 1.17M | Dec 7, 2021 | Class B Common Stock | 1.17M | Direct | F1, F2, F4 | ||||
| transaction | PL | Class B Common Stock | Award | +10.6M | 10.6M | Dec 7, 2021 | Class B Common Stock | 10.6M | Direct | F1, F2 | ||||
| transaction | PL | Stock Option (Right to Buy) | Award | +2.83M | 2.83M | Dec 7, 2021 | Class A Common Stock | 2.83M | $4.04 | Direct | F5, F6 | |||
| transaction | PL | Stock Option (Right to Buy) | Award | +919K | 919K | Dec 7, 2021 | Class A Common Stock | 919K | $9.75 | Direct | F5, F7 | |||
| transaction | PL | Stock Option (Right to Buy) | Award | +735K | 735K | Dec 7, 2021 | Class A Common Stock | 735K | $9.75 | Direct | F5, F8 |
| Id | Content |
|---|---|
| F1 | Pursuant to the business combination (the "Business Combination") of dMY Technology Group, Inc. IV and Planet Labs Inc. ("Former Planet"), each share of Class B common stock of Former Planet was converted into the right to receive approximately 1.53184 shares of the issuer's Class B common stock, par value $0.0001 per share ("Class B Common Stock") at the closing of the business combination and 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 (the "Exchange Ratio") of the issuer's Class A common stock, par value $0.0001 per share ("Class A Common Stock") at the closing of the business combinationto receive cash instead. |
| F2 | Shares of the Class B Common Stock may be converted into shares of Class A Common Stock, on a one-to-one basis, at the option of the holder at any time and have no expiration date. |
| F3 | Includes 495,591 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. |
| F4 | Includes 1,168,105 earnout shares that will vest in four substantially equal installments if the closing price of the issuer's Class B 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. |
| F5 | At the closing of the Business Combination, each outstanding option to purchase Former Planet capital stock was converted into a right to receive a number of options to purchase Class A Common Stock based on the Exchange Ratio |
| F6 | The option is fully vested and exercisable. |
| F7 | The option vests and becomes exercisable with respect to 1/48th of the underlying Class A Common Stock on July 1, 2021, and in equal monthly installments thereafter. |
| F8 | The option vests and becomes exercisable with respect to 1/48th of the underlying Class A Common Stock on July 1, 2022, and in equal monthly installments thereafter. |
Co-Founder and Chief Executive Officer