Filing Details

Accession Number:
0001562180-21-006978
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-11-10 16:45:18
Reporting Period:
2021-11-08
Accepted Time:
2021-11-10 16:45:18
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2021-11-08 150,000 $0.00 150,000 No 4 C Indirect By Trust
Class A Common Stock Disposition 2021-11-08 150,000 $96.07 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
Reported Derivative Transactions
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 2021-11-08 150,000 $0.00 150,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,423,333 No 4 C Indirect
Footnotes
  1. On November 8, 2021 the Christopher J. Rondeau Revocable Trust of 2006, u/d/t 05/15/06 exchanged 150,000 Common Units of Pla-Fit Holdings, LLC ("Holding Units") and 150,000 shares of Class B common stock of Planet Fitness, Inc. (the "Company") for 150,000 shares of Class A common stock of the Company, and substantially simultaneously sold all 150,000 shares of Class A common stock of the Company on the open market. Following the sale, the Christopher J. Rondeau Revocable Trust of 2006, u/d/t 05/15/06 holds 1,423,333 Holding Units and 1,423,333 shares of Class B common stock of the Company.
  2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $95.405 to $96.40, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
  3. 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.