Sec Form 4 Filing - Kim Shane H. @ Planet Payment Inc - 2016-06-14

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Kim Shane H. 2. Issuer Name and Ticker or Trading Symbol Planet Payment Inc [ PLPM] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) X __ Other (specify below) See Remarks (Last) (First) (Middle) C/O CAMDEN PARTNERS STRATEGIC MGR LLC, 500 EAST PRATT STREET, SUITE 1200 3. Date of Earliest Transaction (MM/DD/YY) 06/14/2016 (Street) BALTIMORE, MD21202 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 06/14/2016 A 14,815 ( 1 ) A $ 0 85,223 I See Footnote Common Stock 1,994,136 I See Footnote ( 2 ) Common Stock 118,291 I See Footnote ( 3 ) Common Stock 4,438,749 I See Footnote ( 4 ) Common Stock 184,472 I See Footnote ( 5 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amou nt of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Kim Shane H. C/O CAMDEN PARTNERS STRATEGIC MGR LLC 500 EAST PRATT STREET, SUITE 1200 BALTIMORE, MD21202 X See Remarks SHERMAN JOSEPH T C/O CAMDEN PARTNERS STRATEGIC MGR LLC 500 EAST PRATT STREET, SUITE 1200 BALTIMORE, MD21202 See Remarks TAGLER JASON C/O CAMDEN PARTNERS STRATEGIC MGR LLC 500 EAST PRATT STREET, SUITE 1200 BALTIMORE, MD21202 See Remarks Signatures /s/ J. Todd Sherman, Attorney-in-Fact for Christopher W. Kersey 06/24/2016 Signature of Reporting Person Date /s/ J. Todd Sherman 06/24/2016 Signature of Reporting Person Date /s/ J. Todd Sherman, Attorney-in-Fact for Jason Tagler 06/24/2016 Signature of Reporting Person Date

Explanation of Responses:

( 1 )This is a restricted stock grant under the Issuer's 2012 Equity Incentive Plan which will be 100% vested on June 14, 2017, provided that the Reporting Person is still providing services to the Issuer as of such date. ( 2 )These securities are owned directly by Fund II-A. The Reporting Person, CPSM, CPS III, CPS II, Fund III, Fund III-A, Fund II-B and the Managing Members may be deemed indirect beneficial owners of the securities held directly by Fund II-A as a result of their relationships described in the Remarks (below). The Reporting Person, CPSM, CPS III, CPS II, Fund III, Fund III-A, and Fund II-B and each of the Managing Members disclaim beneficial ownership of the securities held directly by Fund II-A, except to the extent of their respective pecuniary interests therein. ( 3 )These securities are owned directly by Fund II-B. The Reporting Person, CPSM, CPS III, CPS II, Fund III, Fund III-A, Fund II-A and the Managing Members may be deemed indirect beneficial owners of the securities held directly by Fund II-B as a result of their relationships described in the Remarks (below). The Reporting Person, CPSM, CPS III, CPS II, Fund III, Fund III-A, and Fund II-A and each of the Managing Members disclaim beneficial ownership of the securities held directly by Fund II-B, except to the extent of their respective pecuniary interests therein. ( 4 )These securities are owned directly by Fund III. The Reporting Person, CPSM, CPS III, CPS II, Fund III-A, Fund II-A, Fund II-B and the Managing Members may be deemed indirect beneficial owners of the securities held directly by Fund III as a result of their relationships described in the Remarks (below). The Reporting Person, CPSM, CPS III, CPS II, Fund III-A, Fund II-A and Fund II-B and each of the Managing Members disclaim beneficial ownership of the securities held directly by Fund III, except to the extent their respective pecuniary interests therein. ( 5 )These securities are owned directly by Fund III-A. The Reporting Person, CPSM, CPS III, CPS II, Fund III, Fund II-A, Fund II-B and the Managing Members may be deemed indirect beneficial owners of the securities held directly by Fund III-A as a result of their relationships described in the Remarks (below). The Reporting Person, CPSM, CPS III, CPS II, Fund III, Fund II-A and Fund II-B and each of the Managing Members disclaim beneficial ownership of the securities held directly by Fund III-A, except to the extent of their respective pecuniary interests therein.

Remarks: This report is the same as the Form 4 filed by the Reporting Person of even date and consists of two (2) parts, which together comprise a single Form 4. This is part 2 of 2. This report is being filed jointly by Camden Partners Strategic Manager, LLC ("CPSM"), Camden Partners Strategic III, LLC ("CPS III"), Camden Partners Strategic II, LLC ("CPS II"), Camden Partners Strategic Fund III, LP ("Fund III"), Camden Partners Strategic Fund III-A, LP ("Fund III-A"), Camden Partners Strategic Fund II-A, LP ("Fund II-A") and Camden Partners Strategic Fund II-B, LP ("Fund II-B") and Messrs. David L. Warnock, Donald W. Hughes, Christopher Kersey, J. Todd Sherman, Jason Tagler, Christopher Kersey and Shane Kim (collectively, the "Managing Members" and together with CPSM, CPS III, CPS II, Fund III, Fund III-A, Fund II-A and Fund II-B, the "Reporting Persons"). The Managing Members are the managing members of CPSM, which is the managing member of CPS III. Donald Hughes and David Warnock are the managing members of CPS II. CPS III is the general partner of Fund III and Fund III-A. CPS II is the general partner of Fund II-A and Fund II-B. Mr. Kim is a director of the Issuer.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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