Kevin Weil - 15 Jun 2022 Form 4 Insider Report for Planet Labs PBC (PL)

Role
President, Product & Business
Signature
By: /s/ Andrew Kirkpatrick, Attorney-in-fact For: Kevin Weil
Issuer symbol
PL
Transactions as of
15 Jun 2022
Net transactions value
-$463,415
Form type
4
Filing time
17 Jun 2022, 16:17:27 UTC
Previous filing
21 Dec 2021
Next filing
19 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PL Class A Common Stock Tax liability $463,415 -101,626 -9.5% $4.56 970,661 15 Jun 2022 Direct F1, F2
holding PL Class A Common Stock 165,580 15 Jun 2022 The Weil Family Trust DTD 10/19/2011
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No shares were sold by the Reporting Person. The transaction disclosed 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 970,661 RSUs that vest in equal quarterly installments hereafter, beginning on September 15, 2022. The RSUs represent a contingent right to receive one share of issuer's Class A Common Stock each and have no expiration date.