Kevin Weil - 03 Apr 2023 Form 4 Insider Report for Planet Labs PBC (PL)

Signature
By: /s/ Shahla Hazratjee, Attorney-in-fact for: Kevin Weil
Issuer symbol
PL
Transactions as of
03 Apr 2023
Net transactions value
+$997,113
Form type
4
Filing time
05 Apr 2023, 16:13:06 UTC
Previous filing
17 Mar 2023
Next filing
16 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PL Class A Common Stock Purchase $997,113 +274,000 +165% $3.64 439,580 03 Apr 2023 The Weil Family Trust DTD 10/19/2011 F1
transaction PL Class A Common Stock Award $0 +618,812 +70% $0.000000 1,497,638 05 Apr 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.