Kristen Robinson - Jul 11, 2023 Form 4 Insider Report for Planet Labs PBC (PL)

Role
Director
Signature
By: /s/ Shahla Hazratjee, Attorney-in-fact for: Kristen Robinson
Stock symbol
PL
Transactions as of
Jul 11, 2023
Transactions value $
$0
Form type
4
Date filed
7/11/2023, 04:56 PM
Previous filing
Apr 24, 2023
Next filing
Apr 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PL Class A Common Stock Award $0 +54.1K +142.97% $0.00 91.9K Jul 11, 2023 Direct F1
transaction PL Class A Common Stock Award $0 +40.5K +44.13% $0.00 132K Jul 11, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 54,055 restricted stock units, each of which represent a contingent right to receive one share of issuer's Class A Common Stock ("RSUs"). The RSUs will fully vest on the earlier of (i) the first anniversary of the grant or (ii) the date of the Issuer's next annual meeting of stockholders to occur following the grant, in either case, subject to continuous service through the vesting date.
F2 Includes 40,541 RSUs that vest in equal quarterly installments on the 15th of September, December, March and June, subject to continuous service through the vesting date. The RSUs represent annual retainer fees that the reporting person elected to receive in the form of RSUs in lieu of cash.
F3 Includes: (a) 40,541 RSUs that vest in equal quarterly installments on the 15th of September, December, March and June; and (b) 54,055 RSUs which fully vest on the earlier of (i) the first anniversary of the grant or (ii) the date of the issuer's next annual meeting of stockholders to occur following the grant. The RSUs represent a contingent right to receive one share of the issuer's Class A Common Stock each and have no expiration date.