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Filing Details

Accession Number:: 0001562180-20-006004
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-09-16 16:09:22
Reporting Period:: 2020-09-14

Accepted Time:: 2020-09-16 16:09:22
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	2020-09-14	76,417	$0.00	150,000	No	4	C	Indirect	By Trust
Class A Common Stock	Disposition	2020-09-14	63,078	$57.56	86,922	No	4	S	Indirect	By Trust
Class A Common Stock	Disposition	2020-09-14	86,922	$58.07	0	No	4	S	Indirect	By Trust
Class A Common Stock	Acquisiton	2020-09-15	18,501	$0.00	18,501	No	4	C	Indirect	By Trust
Class A Common Stock	Disposition	2020-09-15	18,501	$59.88	0	No	4	S	Indirect	By Trust
Class A Common Stock	Acquisiton	2020-09-15	65,750	$0.00	65,750	No	4	C	Indirect	By Trust
Class A Common Stock	Disposition	2020-09-15	65,750	$60.82	0	No	4	S	Indirect	By Trust
Class A Common Stock	Acquisiton	2020-09-15	15,749	$0.00	15,749	No	4	C	Indirect	By Trust
Class A Common Stock	Disposition	2020-09-15	15,749	$61.38	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	S	Indirect	By Trust
No	4	C	Indirect	By Trust
No	4	S	Indirect	By Trust
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	2020-09-14	76,417	$0.00	76,417	$0.00
Class A Common Stock	Holding Units and Class B common stock	Disposition	2020-09-15	100,000	$0.00	100,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,102,023			No	4	C	Indirect
2,002,023			No	4	C	Indirect

Footnotes

This transaction was effected pursuant to a Rule 10b5-1 trading plan.
The amount beneficially owned takes into account shares previously transferred to the Christopher J. Rondeau Revocable Trust of 2006, u/d/t 05/15/06 from Christopher Rondeau in a transaction exempt from the reporting requirements of Section 16.
Following the transactions described herein, The Christopher J. Rondeau Revocable Trust of 2006, u/d/t 05/15/06 held 2,102,023 Holdings Units and corresponding shares of Class B common stock.
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $56.86 to $57.855, 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.
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $57.86 to $58.44, 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.
Following the transactions described herein, The Christopher J. Rondeau Revocable Trust of 2006, u/d/t 05/15/06 holds 2,002,023 Holdings Units and corresponding shares of Class B common stock.
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $59.21 to $60.20, 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.
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $60.21 to $61.20, 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.
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $61.22 to $61.495, 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.
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.