Planet Payment Inc 4
4 · Planet Payment Inc · Filed Mar 12, 2014
Insider Transaction Report
Form 4
Arad Graham N
DirectorSVP and General Counsel
Transactions
- Sale
Common Stock
2014-03-12$3.25/sh−25,000$81,150→ 903,573 total - Gift
Common Stock
2014-03-12−2,000→ 901,573 total
Holdings
- 43,400(indirect: By Reporting Person's Son)
Common Stock
Footnotes (3)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2013.
- [F2]Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $3.20 to $3.30. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.
- [F3]The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report will not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.