SEC Form 4 · accession 0001140361-15-041154
Planet Payment Inc · PLPM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cameron R M McColl
Director
Period of report
Nov 11, 2015
Accepted (ET)
Nov 13, 2015 · 4:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001362925
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 11, 2015 | M | 50,000 | $2.50 | A | 344,528 | D | |
| Common StockF1 | Nov 11, 2015 | S | 50,000 | $2.6724 | D | 294,528 | D |
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) | $2.50 | Nov 11, 2015 | M | 50,000 | D | Mar 12, 2009 | Jan 25, 2016 | Common Stock | 50,000 | 0 | D |
Explanation of responses
- F1Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $2.65 to $2.68. 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 sold at each separate price within the range.