Kevin Weil - 15 Sep 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
Issuer symbol
PL
Transactions as of
15 Sep 2023
Net transactions value
-$102,340
Form type
4
Filing time
19 Sep 2023, 16:57:08 UTC
Previous filing
16 Jun 2023
Next filing
18 Dec 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 $102,340 -36,550 -2.5% $2.80 1,424,539 15 Sep 2023 Direct F1, F2
holding PL Class A Common Stock 439,580 15 Sep 2023 The Weil Family Trust DTD 10/19/2011
* 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 1,010,586 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.