Filing Details
- Accession Number:
- 0001140361-14-012454
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-03-12 18:57:21
- Reporting Period:
- 2014-03-10
- Filing Date:
- 2014-03-12
- Accepted Time:
- 2014-03-12 18:57:21
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1362925 | Planet Payment Inc | PLPM | Services-Business Services, Nec (7389) | 134084693 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1562101 | D Philip Beck | C/O Planet Payment, Inc. 670 Long Beach Blvd. Long Beach NY 11561 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2014-03-10 | 150,000 | $0.01 | 2,202,622 | No | 4 | A | Direct | |
| Common Stock | Acquisiton | 2014-03-11 | 69,063 | $2.50 | 2,271,685 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2014-03-11 | 68,099 | $1.20 | 2,339,784 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2014-03-11 | 75,000 | $1.70 | 2,414,784 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2014-03-11 | 463,162 | $3.30 | 1,951,622 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (Right to Buy) | Disposition | 2014-03-11 | 69,063 | $0.00 | 69,063 | $2.50 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2014-03-11 | 68,099 | $0.00 | 68,099 | $1.20 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2014-03-11 | 75,000 | $0.00 | 75,000 | $1.70 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 69,063 | 2008-01-01 | 2014-12-31 | No | 4 | M | Direct |
| 0 | 2011-11-01 | 2018-12-09 | No | 4 | M | Direct |
| 0 | 2013-01-01 | 2019-12-31 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 44,700 | Indirect | By daughter |
| Common Stock | 45,100 | Indirect | By son |
| Common Stock | 46,500 | Indirect | By Reporting Person as custodian for his son |
| Common Stock | 5,000 | Indirect | By Reporting Person's spouse |
| Common Stock | 21,000 | Indirect | By Planet Payment 401(k) FBO Philip Beck |
| Common Stock | 9,700 | Indirect | By MSSB C/F Philip Beck IRA Standard DTD |
| Common Stock | 22,000 | Indirect | By BDP Realty Associates, LLC |
Footnotes
- This is a restricted stock grant under the Issuer's 2012 Equity Incentive Plan, and will be 100% vested when the market price of the Issuer's common stock on or before May 31, 2015 is at least $6.00 per share for 30 consecutive trading days, provided that the Reporting Person is still serving as Chairman of the Issuer's board of directors as of such date. Vesting on the shares will be 100% accelerated upon certain events occurring on or before May 31, 2015.
- The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report will not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
- The Reporting Person holds a 1/3 membership interest in BDP Realty Associates, LLC.
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