Ashley F. Johnson - Apr 1, 2024 Form 4 Insider Report for Planet Labs PBC (PL)

Role
CFO & COO
Signature
By: /s/ Shahla Hazratjee, Attorney-in-fact for Ashley F. Johnson
Stock symbol
PL
Transactions as of
Apr 1, 2024
Transactions value $
-$2,530
Form type
4
Date filed
4/2/2024, 04:41 PM
Previous filing
Mar 28, 2024
Next filing
Jun 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PL Class A Common Stock Sale -$2.53K -1K -0.05% $2.53 1.96M Apr 1, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale was made pursuant to a 10b5-1 plan adopted by the reporting person on January 24, 2023.
F2 Includes 1,731,501 restricted stock units ("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.