SEC Form 4 · accession 0001179110-16-026945
Planet Payment Inc · PLPM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Kaiden
Director
Period of report
Jun 14, 2016
Accepted (ET)
Jun 27, 2016 · 4:07 pm EDT
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 StockF1 | Jun 14, 2016 | A | 14,815 | $4.05 | A | 108,610 | D | |
| Common StockF2 | holding | — | — | — | 42,550 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This is a restricted stock grant under the Issuer's 2012 Equity Incentive Plan, and will be 100% vested on June 14, 2017, subject to earlier acceleration in full upon a change in control, and provided that the Reporting Person is still providing services to the Issuer as of such date.
- F2Jonathan Kaiden is the Managing Member of Kaiden Investment Group ("KIG"). As such, Mr. Kaiden may be deemed to beneficially own the shares of CommonStock owned by KIG. Mr. Kaiden disclaims beneficial ownership of the shares of Common Stock beneficially owned by KIG except to the extent of his pecuniaryinterest therein.