4//SEC Filing
Marshall William Spencer 4
Accession 0001836833-24-000105
CIK 0001836833other
Filed
Sep 10, 8:00 PM ET
Accepted
Sep 11, 5:45 PM ET
Size
7.3 KB
Accession
0001836833-24-000105
Insider Transaction Report
Form 4
Marshall William Spencer
DirectorCo-Founder and CEO
Transactions
- Award
Class A Common Stock
2024-09-09+88,889→ 2,996,085 total - Tax Payment
Class A Common Stock
2024-09-09$1.92/sh−31,716$60,895→ 2,964,369 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 first half of fiscal year ending January 31, 2025 ("H1") 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 H1.
- [F2]No shares were sold by the reporting person. The transaction disclosed represents shares of the issuer's Class A Common Stock withheld by the issuer in payment of the withholding tax liability incurred upon the vesting of restricted stock units ("RSUs").
- [F3]Includes 2,385,386 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.
Documents
Issuer
Planet Labs PBC
CIK 0001836833
Entity typeother
Related Parties
1- filerCIK 0001898468
Filing Metadata
- Form type
- 4
- Filed
- Sep 10, 8:00 PM ET
- Accepted
- Sep 11, 5:45 PM ET
- Size
- 7.3 KB