Kevin Weil - Apr 3, 2023 Form 4 Insider Report for Planet Labs PBC (PL)

Role
President, Product & Business
Signature
By: /s/ Shahla Hazratjee, Attorney-in-fact for: Kevin Weil
Stock symbol
PL
Transactions as of
Apr 3, 2023
Transactions value $
$997,113
Form type
4
Date filed
4/5/2023, 04:13 PM
Previous filing
Mar 17, 2023
Next filing
Jun 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PL Class A Common Stock Purchase $997K +274K +165.48% $3.64 440K Apr 3, 2023 The Weil Family Trust DTD 10/19/2011 F1
transaction PL Class A Common Stock Award $0 +619K +70.41% $0.00 1.5M Apr 5, 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.