Ashley F. Johnson - 15 Sep 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
Issuer symbol
PL
Transactions as of
15 Sep 2023
Net transactions value
-$76,622
Form type
4
Filing time
19 Sep 2023, 16:56:56 UTC
Previous filing
08 Sep 2023
Next filing
03 Oct 2023
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 $76,622 -27,365 -3% $2.80 883,048 15 Sep 2023 Direct F1, F2
* 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 the issuer's Class A Common Stock withheld by the issuer in payment of the withholding tax liability incurred upon the vesting of restricted stock units ("RSUs").
F2 Includes: (i) 706,382 RSUs that vest in equal quarterly installments on the 15th of March, June, September and December; and (ii) 19,942 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.