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Filing Details

Accession Number:: 0001562180-19-001924
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-03-15 17:19:32
Reporting Period:: 2019-03-13

Accepted Time:: 2019-03-15 17:19:32
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1637207	Planet Fitness Inc.	PLNT	Services-Membership Sports & Recreation Clubs (7997)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1649552	Christopher Rondeau	C/O Planet Fitness, Inc. 4 Liberty Lane West Hampton NH 03842	Chief Executive Officer	No	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2019-03-13	244,167	$0.00	244,167	No	4	C	Indirect	By Trust
Class A Common Stock	Disposition	2019-03-13	244,167	$66.29	0	No	4	S	Indirect	By Trust
Class A Common Stock	Acquisiton	2019-03-13	104,643	$0.00	104,643	No	4	C	Indirect	By Trust
Class A Common Stock	Disposition	2019-03-13	104,643	$66.29	0	No	4	S	Indirect	By Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	By Trust
No	4	S	Indirect	By Trust
No	4	C	Indirect	By Trust
No	4	S	Indirect	By Trust

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Holding Units and Class B common stock	Disposition	2019-03-13	244,167	$0.00	244,167	$0.00
Class A Common Stock	Holding Units and Class B common stock	Disposition	2019-03-13	104,643	$0.00	104,643	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
3,002,980			No	4	C	Indirect
996,520			No	4	C	Indirect

Footnotes

On March 13, 2019, The Christopher J. Rondeau Revocable Trust of 2006, u/d/t 05/15/06 exchanged 244,167 Common Units of Pla-Fit Holdings, LLC ("Holding Units") and 244,167 shares of Class B common stock of Planet Fitness, Inc. (the "Company") for 244,167 shares of Class A common stock of the Company, and substantially simultaneously sold all 244,167 shares of Class A common stock of the Company in a single private sale. Following the sale, The Christopher J. Rondeau Revocable Trust of 2006, u/d/t 05/15/06 held 3,002,980 Holding Units and 3,002,980 shares of Class B common stock of the Company.
On March 13, 2019, The Christopher J. Rondeau Irrevocable GST Trust of 2012, u/d/t 11/08/12 exchanged 104,643 Holding Units and 104,643 shares of Class B common stock of the Company for 104,643 shares of Class A common stock of the Company, and substantially simultaneously sold all 104,643 shares of Class A common stock of the Company in a single private sale. Following the sale, The Christopher J. Rondeau Irrevocable GST Trust of 2012, u/d/t 11/08/12 held 996,520 Holding Units and 996,520 shares of Class B common stock of the Company. Mr. Rondeau disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Pursuant to the terms of the Exchange Agreement dated as of August 5, 2015, as amended, by and among the Company, Pla-Fit Holdings, LLC and the holders from time to time of Holding Units and shares of Class B common stock, the holders thereof may exchange all or a portion of their Holding Units along with an equal number of shares of Class B common stock for shares of Class A common stock of the Company on a one-to-one basis (one Holding Unit and one share of Class B common stock together exchangeable for one share of Class A common stock). The holders thereof are not required to pay an exercise price in connection with any such exchange. The Holding Units do not expire. The Class B common stock provides the holder with one vote on all matters submitted to a vote of the Company's stockholders but does not entitle the holder to any of the economic rights associated with shares of the Company's Class A common stock.