Planet Fitness, Inc. (NYSE:PLNT) Files An 8-K Results of Operations and Financial Condition

Item 2.02

On May 2, 2017, Planet Fitness, Inc. (the Company) issued a press
release announcing its financial results for the quarter ended
March 31, 2017. A copy of this press release is being furnished
as Exhibit 99.1 to this Current Report on Form 8-K and is
incorporated by reference into this Item 2.02.

In accordance with General Instruction B.2 of Form 8-K, the
information in this Current Report on Form 8-K, including Exhibit
99.1, shall not be deemed filed for the purpose of Section 18 of
the Securities Exchange Act of 1934 or otherwise subject to the
liabilities of that section, nor shall it be deemed incorporated
by reference in any filing under the Securities Act of 1933.

(c) On April 28, 2017, the Board of Directors of the Company
appointed Dorvin Lively as President and Chief Financial Officer
of the Company.Prior to this appointment, Mr. Lively had served
as the Chief Financial Officer of the Company since July
2013.Additional biographical information about Mr. Lively is
incorporated herein by reference to the information contained in
the Companys proxy statement for its 2017 annual meeting of
shareholders as filed with the SEC on March 30, 2017 (the 2017
Proxy Statement).The Board of Directors of the Company approved
certain changes to Mr. Livelys compensation in connection with
his new role as the President and Chief Financial Officer of the
Company. Mr. Livelys annual base salary will be $500,000 per
year, effective May 1, 2017, and his target annual bonus under
the Companys annual incentive compensation plan will be 70% of
his base salary.The Board of Directors also approved a grant to
Mr. Lively of options to purchase shares of Class A common stock
of the Company under the Companys 2015 Omnibus Incentive Plan
with a grant date fair value of $750,000, such grant to be made
on May 4, 2017 and to have an exercise price equal to the closing
price of a share of Class A common stock on that same date.These
stock options will vest in equal installments on each of the
first four anniversaries of the date of grant.There is no
arrangement or understanding between Mr. Lively and any other
person to which he was appointed President and Chief Financial
Officer of the Company.There are no transactions involving Mr.
Lively requiring disclosure under Item 404(a) of Regulation S-K.A
description of Mr. Livelys existing compensation arrangements
with the Company is incorporated herein by reference to the
relevant information contained in the 2017 Proxy Statement.

About Planet Fitness, Inc. (NYSE:PLNT)

Planet Fitness, Inc. is a franchisor and operator of fitness centers in the United States. The Company operates through three segments: Franchise, Corporate-owned stores and Equipment. The Franchise segment includes operations related to its franchising business in the United States, Puerto Rico, Canada and the Dominican Republic. The Corporate-owned stores segment includes operations with respect to all corporate-owned stores throughout the United States and Canada. The Equipment segment includes the sale of equipment to franchisee-owned stores in the United States. It serves as the reporting entity for its various subsidiaries that operate three distinct lines of business: licensing and selling franchises under the Planet Fitness trade name; owning and operating fitness centers under the Planet Fitness trade name, and selling fitness-related equipment to franchisee-owned stores.

Planet Fitness, Inc. (NYSE:PLNT) Recent Trading Information

Planet Fitness, Inc. (NYSE:PLNT) closed its last trading session down -0.20 at 20.27 with 925,990 shares trading hands.