Planet Labs director receives new RSU awards
Reese Scott reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Reese Scott reported acquisition or exercise transactions in this Form 4 filing.
Planet Labs PBC director Reese Scott reported equity awards of Class A Common Stock in the form of restricted stock units (RSUs). The filings show grants of 2,160 RSUs that vest in equal quarterly installments on the 15th of September, December, March, and June, and 6,479 RSUs that fully vest on the earlier of the first anniversary of the grant or the next annual meeting of stockholders, in each case subject to continuous service through the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 6,479 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock F2, F3 | 2,160 | $0.00 | $0.00 |
Footnotes (3)
- F1. Includes 6,479 restricted stock units, each of which represent a contingent right to receive one share of issuer's Class A Common Stock ("RSUs"). The RSUs will fully vest on the earlier of (i) the first anniversary of the grant or (ii) the date of the Issuer's next annual meeting of stockholders to occur following the grant, in either case, subject to continuous service through the vesting date.
- F2. Includes 2,160 RSUs that vest in equal quarterly installments on the 15th of September, December, March and June. The RSUs represent a contingent right to receive one share of issuer's Class A Common Stock each and have no expiration date.
- F3. Includes (a) 2,160 RSUs that vest in equal quarterly installments on the 15th of September, December, March and June; and (b) 6,479 RSUs which fully vest on the earlier of (i) the first anniversary of the grant or (ii) the date of the issuer's next annual meeting of stockholders to occur following the grant. The RSUs represent a contingent right to receive one share of issuer's Class A Common Stock each and have no expiration date.
Key Figures
Key Terms
restricted stock units financial
contingent right financial
continuous service financial
annual meeting of stockholders financial
FAQ
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What insider transactions did Planet Labs PBC (PL) director Reese Scott report?
How many restricted stock units did Reese Scott receive from Planet Labs PBC (PL)?
What is the vesting schedule for Reese Scott’s 2,160 Planet Labs (PL) RSUs?
When do Reese Scott’s 6,479 Planet Labs (PL) RSUs fully vest?
Do Reese Scott’s Planet Labs (PL) RSUs have an expiration date?
AI-generated analysis. How Rhea-AI works. Not financial advice.