Ashley F. Johnson - Mar 15, 2023 Form 4 Insider Report for Planet Labs PBC (PL)

Role
CFO & COO
Signature
By: /s/ Shahla Hazratjee, Attorney-in-fact for Ashley F. Johnson
Stock symbol
PL
Transactions as of
Mar 15, 2023
Transactions value $
-$27,849
Form type
4
Date filed
3/17/2023, 04:34 PM
Previous filing
Mar 8, 2023
Next filing
Apr 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PL Class A Common Stock Tax liability -$27.8K -6.95K -2.35% $4.01 288K Mar 15, 2023 Direct F1, F2
transaction PL Class A Common Stock Award $0 +655K +227.29% $0.00 943K Mar 16, 2023 Direct F3, F4
* 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.
F2 Includes restricted stock units ("RSUs") that represent a contingent right to receive one share of issuer's Class A Common Stock each and have no expiration date.
F3 Represents 201,338 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.
F4 Includes: (i) 812,484 RSUs that vest in equal quarterly installments on the 15th of March, June, September and December; and (ii) 43,876 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.