SEC Form 4 · accession 0001140361-15-000993
Planet Payment Inc · PLPM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles J Giglia
Officer — SVP, Chief Information Officer
Period of report
Jan 5, 2015
Accepted (ET)
Jan 7, 2015 · 4:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001362925
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $1.97 | Jan 5, 2015 | A | 200,000 | A | — | Jan 4, 2025 | Common Stock | 200,000 | 200,000 | D |
Explanation of responses
- F1This is a stock option grant under the Issuer's 2012 Equity Incentive Plan, and will be vested and exercisable as follows: one-third (1/3rd) of the total number of shares on January 5, 2016 and the remaining shares in 2 equal annual installments thereafter, such that the grant will be vested in full in three years, provided the Reporting Person continues to provide services to the Issuer.