X0306 4 2019-03-13 false 0001637207 Planet Fitness, Inc. PLNT 0001649552 Rondeau Christopher C/O PLANET FITNESS, INC. 4 LIBERTY LANE WEST HAMPTON NH 03842 true true false false Chief Executive Officer Class A common stock 2019-03-13 4 C false 244167.00 0.00 A 244167.00 I By Trust Class A common stock 2019-03-13 4 S false 244167.00 66.29 D 0.00 I By Trust Class A common stock 2019-03-13 4 C false 104643.00 0.00 A 104643.00 I By Trust Class A common stock 2019-03-13 4 S false 104643.00 66.29 D 0.00 I By Trust Holding Units and Class B common stock 2019-03-13 4 C false 244167.00 0.00 D Class A common stock 244167.00 3002980.00 I By Trust Holding Units and Class B common stock 2019-03-13 4 C false 104643.00 0.00 D Class A common stock 104643.00 996520.00 I By Trust 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. Justin Vartanian is signing on behalf of Mr. Rondeau pursuant to a Power of Attorney dated July 29, 2015, which was previously filed with the Securities and Exchange Commission. /s/ Justin Vartanian, Attorney-in-Fact 2019-03-15