William Spencer Marshall - 15 Sep 2023 Form 4 Insider Report for Planet Labs PBC (PL)

Signature
By: /s/ Shahla Hazratjee, Attorney-in-fact for: William Spencer Marshall
Issuer symbol
PL
Transactions as of
15 Sep 2023
Net transactions value
+$190,561
Form type
4
Filing time
19 Sep 2023, 17:19:12 UTC
Previous filing
08 Sep 2023
Next filing
18 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PL Class A Common Stock Tax liability $79,279 -28,314 -2.1% $2.80 1,305,356 15 Sep 2023 Direct F1, F2
transaction PL Class A Common Stock Purchase $269,840 +100,000 +7.7% $2.70 1,405,356 19 Sep 2023 Direct F2, F3
* 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 1,146,289 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.
F3 The price reported in Column 4 is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $2.66 to $2.72 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.