Ashley F. Johnson - 15 Dec 2023 Form 4 Insider Report for Planet Labs PBC (PL)

Role
CFO & COO
Signature
By: /s/Tim Quist, Attorney-in-fact for: Ashley F. Johnson
Issuer symbol
PL
Transactions as of
15 Dec 2023
Net transactions value
-$67,044
Form type
4
Filing time
18 Dec 2023, 17:22:12 UTC
Previous filing
07 Dec 2023
Next filing
02 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PL Class A Common Stock Tax liability $67,044 -27,365 -3.1% $2.45 846,509 15 Dec 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) 653,331 RSUs that vest in equal quarterly installments on the 15th of March, June, September and December; and (ii) 7,978 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.