4//SEC Filing
Marshall William Spencer 4
Accession 0001836833-24-000036
CIK 0001836833other
Filed
Mar 27, 8:00 PM ET
Accepted
Mar 28, 4:31 PM ET
Size
7.4 KB
Accession
0001836833-24-000036
Insider Transaction Report
Form 4
Marshall William Spencer
DirectorCo-Founder and CEO
Transactions
- Award
Class A Common Stock
2024-03-27+64,690→ 2,994,809 total - Tax Payment
Class A Common Stock
2024-03-27$2.55/sh−23,082$58,859→ 2,971,727 total
Footnotes (3)
- [F1]Represents shares of issuer's Class A Common Stock acquired upon the vesting of performance restricted stock units ("PSUs") that were received in lieu of the reporting person's cash bonus earned for the second half of fiscal year ending January 31, 2024 ("H2") under the issuer's Amended & Restated Annual Cash Incentive Plan. The reporting person elected to convert such cash bonus into PSUs representing 100% of the earned cash bonus amount for H2.
- [F2]Includes 2,566,244 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.
- [F3]No shares were sold by the reporting person. This transaction represents shares of issuer's Class A Common Stock withheld by the issuer in payment of the withholding tax liability incurred upon the vesting of PSUs.
Documents
Issuer
Planet Labs PBC
CIK 0001836833
Entity typeother
Related Parties
1- filerCIK 0001898468
Filing Metadata
- Form type
- 4
- Filed
- Mar 27, 8:00 PM ET
- Accepted
- Mar 28, 4:31 PM ET
- Size
- 7.4 KB