Key facts
- This page summarizes Dorvin D. Lively's Form 4 filing for Planet Fitness, Inc. (PLNT).
- 8 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 30 Aug 2021, 19:15.
Dorvin D. Lively - 26 Aug 2021 Form 4 Insider Report for Planet Fitness, Inc. (PLNT)
- Reporting relationship
- President
- Issuer ticker
- PLNT
- Reported as of
- 26 Aug 2021
- Net transaction value
- -$8,030,729
- SEC form
- 4
- Accepted by SEC
- 30 Aug 2021, 19:15:17 UTC
- Prior SEC filing
- 05 Nov 2021
- Next SEC filing
- 27 May 2022
- 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
Dorvin D. Lively filed Form 4 for Planet Fitness, Inc. (PLNT) on 30 Aug 2021.
Change
- Previous filing in this sequence was filed on 05 Nov 2021.
- Current net transaction value: -$8,030,729.
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
- +48,467
- Change %
- +89%
- Price
- $0.000000
- Shares after
- 103,138
- Date
- 26 Aug 2021
- Ownership
- Direct
- Footnotes
- F1
PLNT
transaction
Class A Common Stock
Sale
- Transaction value
- $3,867,007
- Shares
- -48,467
- Change %
- -47%
- Price
- $79.79
- Shares after
- 54,671
- Date
- 26 Aug 2021
- Ownership
- Direct
- Footnotes
- F1, F2
PLNT
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +27,765
- Change %
- +51%
- Price
- $0.000000
- Shares after
- 82,436
- Date
- 27 Aug 2021
- Ownership
- Direct
- Footnotes
- F3
PLNT
transaction
Class A Common Stock
Sale
- Transaction value
- $2,233,311
- Shares
- -27,765
- Change %
- -34%
- Price
- $80.44
- Shares after
- 54,671
- Date
- 27 Aug 2021
- Ownership
- Direct
- Footnotes
- F3, F4
PLNT
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +23,768
- Change %
- +43%
- Price
- $0.000000
- Shares after
- 78,439
- Date
- 27 Aug 2021
- Ownership
- Direct
- Footnotes
- F3
PLNT
transaction
Class A Common Stock
Sale
- Transaction value
- $1,930,411
- Shares
- -23,768
- Change %
- -30%
- Price
- $81.22
- Shares after
- 54,671
- Date
- 27 Aug 2021
- Ownership
- Direct
- Footnotes
- F3, F5
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
- -48,467
- Change %
- -12%
- Price
- $0.000000
- Shares after
- 369,526
- Date
- 26 Aug 2021
- Ownership
- Direct
- Underlying class
- Class A common stock
- Underlying amount
- 48,467
- Exercise price
- Footnotes
- F1, F6
PLNT
transaction
Derivative
Holding Units and Class B common stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -51,533
- Change %
- -14%
- Price
- $0.000000
- Shares after
- 317,993
- Date
- 27 Aug 2021
- Ownership
- Direct
- Underlying class
- Class A common stock
- Underlying amount
- 51,533
- Exercise price
- Footnotes
- F3, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
On August 26, 2021 Dorvin Lively exchanged 48,467 Common Units of Pla-Fit Holdings, LLC ("Holding Units") and 48,467 shares of Class B common stock of Planet Fitness, Inc. (the "Company") for 48,467 shares of Class A common stock of the Company, and substantially simultaneously sold all 48,467 shares of Class A common stock of the Company on the open market. Following the sale, Mr. Lively held 369,526 Holding Units and 369,526 shares of Class B common stock of the Company, as well as 54,671 shares of Class A common stock.
Footnote F2
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $79.46 to $80.01, inclusive. The Reporting Person undertakes to provide to 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 sold at each separate price within the ranges set forth herein.
Footnote F3
On August 27, 2021, Dorvin Lively exchanged 51,533 Common Units of Pla-Fit Holdings, LLC ("Holding Units") and 51,533 shares of Class B common stock of Planet Fitness, Inc. (the "Company") for 51,533 shares of Class A common stock of the Company, and substantially simultaneously sold all 51,533 shares of Class A common stock of the Company on the open market. Following the sale, Mr. Lively held 317,993 Holding Units and 317,993 shares of Class B common stock of the Company, as well as 54,671 shares of Class A common stock.
Footnote F4
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $79.97 to $80.97, inclusive. The Reporting Person undertakes to provide to 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 sold at each separate price within the ranges set forth herein.
Footnote F5
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $80.98 to $81.57, inclusive. The Reporting Person undertakes to provide to 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 sold at each separate price within the ranges set forth herein.
Footnote F6
Pursuant to the terms of the Exchange Agreement dated as of August 5, 2015, as amended, 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 holders thereof may exchange all or a portion of their Holding Units along with an equal number of shares of Class B common stock for shares of Class A common stock of the Company on a one-to-one basis (one Holding Unit and one share of Class B common stock together exchangeable for one share of Class A common stock). The holders thereof are not required to pay an exercise price in connection with any such exchange. The Holding Units do not expire. 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.