Filing Details

Accession Number:
0001140361-13-014065
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-03-26 17:38:09
Reporting Period:
2013-03-26
Filing Date:
2013-03-26
Accepted Time:
2013-03-26 17:38:09
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
Chairman And Ceo Yes Yes 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 Disposition 2013-03-26 2,870 $2.92 2,521,105 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 5,000 Indirect By Reporting Person's spouse
Common Stock 41,000 Indirect By Reporting Person as custodian for his daughter
Common Stock 41,000 Indirect By Reporting Person as custodian for his son
Common Stock 39,000 Indirect By Reporting Person as custodian for his son
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
  1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 14, 2012.
  2. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $2.90 to $2.95. 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 purchased at each separate price within the range.
  3. 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.
  4. The Reporting Person holds a 1/3 membership interest in BDP Realty Associates, LLC.