Key facts
- This page summarizes Christopher Rondeau's Form 4 filing for Planet Fitness, Inc. (PLNT).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 08 Dec 2023, 08:58.
Christopher Rondeau - 06 Dec 2023 Form 4 Insider Report for Planet Fitness, Inc. (PLNT)
- Reporting relationship
- Director
- Issuer ticker
- PLNT
- Reported as of
- 06 Dec 2023
- Net transaction value
- -$66,550,000
- SEC form
- 4
- Accepted by SEC
- 08 Dec 2023, 08:58:43 UTC
- Prior SEC filing
- 04 Oct 2023
- Next SEC filing
- 04 Jan 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Justin Vartanian, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Christopher Rondeau filed Form 4 for Planet Fitness, Inc. (PLNT) on 08 Dec 2023.
Change
- Previous filing in this sequence was filed on 04 Oct 2023.
- Current net transaction value: -$66,550,000.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PLNT
transaction
Class A common stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +963,695
- Change %
- +2654%
- Price
- $0.000000
- Shares after
- 1,000,000
- Date
- 06 Dec 2023
- Ownership
- By Trust
- Footnotes
- F1, F2
PLNT
transaction
Class A common stock
Sale
- Transaction value
- $66,550,000
- Shares
- -1,000,000
- Change %
- -100%
- Price
- $66.55
- Shares after
- 0
- Date
- 06 Dec 2023
- Ownership
- By Trust
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PLNT
transaction
Derivative
Holding Units and Class B common stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -963,695
- Change %
- -68%
- Price
- $0.000000
- Shares after
- 459,638
- Date
- 06 Dec 2023
- Ownership
- By Trust
- Underlying class
- Class A common stock
- Underlying amount
- 963,695
- Exercise price
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
On December 6, 2023, for purposes of financial planning and diversification, the Christopher J. Rondeau Revocable Trust of 2006, u/d/t 05/15/06 exchanged 963,695 Common Units of Pla-Fit Holdings, LLC ("Holding Units") and 963,695 shares of Class B common stock of Planet Fitness, Inc. (the "Company") for 963,695 shares of Class A common stock of the Company, and substantially simultaneously sold all 963,695 shares of Class A common stock of the Company along with 36,305 previously held shares of Class A common stock of the Company in a private placement sale.
Footnote F2
Following the transactions described herein, The Christopher J. Rondeau Revocable Trust of 2006, u/d/t 05/15/06 holds 459,638 Holdings Units and corresponding shares of Class B common stock.
Footnote F3
Pursuant to the terms of the Exchange Agreement dated as of August 5, 2015 by and among the Company, Pla-Fit Holdings, LLC and the holders from time to time of Holding Units and shares of Class B common stock, The Christopher J. Rondeau Revocable Trust of 2006, u/d/t 05/15/06 may exchange all or a portion of its Holding Units (along with an equal number of its Class B Shares) for shares of Class A common stock of the Company on a one-to-one basis. The Holding Units do not expire and the holders thereof are not required to pay an exercise price in connection with exchanges. The Class B common stock provides the holder with one vote on all matters submitted to a vote of the Company's stockholders but does not entitle the holder to any of the economic rights associated with shares of the Company's Class A common stock.
SEC remarks
Justin Vartanian is signing on behalf of Mr. Rondeau pursuant to a Power of Attorney dated July 29, 2015, which was previously filed with the Securities and Exchange Commission.