Ownership Submission
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 OF SECURITIES

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
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
King Robert W
  2. Issuer Name and Ticker or Trading Symbol
PLANETOUT INC [LGBT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O PLANETOUT INC., 1355 SANSOME STREET
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2005
(Street)

SAN FRANCISCO, CA 94111
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ 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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 03/31/2005   X   63,267 A $ 4.07 872,649 I See Footnote (1)
Common Stock 12/07/2005   S   300 D $ 8.01 872,349 I See Footnote (1)
Common Stock 12/07/2005   S   100 D $ 8.05 872,249 I See Footnote (1)
Common Stock 12/07/2005   S   100 D $ 8.06 872,149 I See Footnote (1)
Common Stock 12/07/2005   S   500 D $ 8.12 871,649 I See Footnote (1)
Common Stock 12/07/2005   S   200 D $ 8.13 871,449 I See Footnote (1)
Common Stock 12/07/2005   S   500 D $ 8.1301 870,949 I See Footnote (1)
Common Stock 12/07/2005   S   500 D $ 8.131 870,449 I See Footnote (1)
Common Stock 12/07/2005   S   1,500 D $ 8.14 868,949 I See Footnote (1)
Common Stock 12/07/2005   S   400 D $ 8.1401 868,549 I See Footnote (1)
Common Stock 12/07/2005   S   700 D $ 8.15 867,849 I See Footnote (1)
Common Stock 12/07/2005   S   1,000 D $ 8.1601 866,849 I See Footnote (1)
Common Stock 12/07/2005   S   100 D $ 8.17 866,749 I See Footnote (1)
Common Stock 12/07/2005   S   200 D $ 8.18 866,549 I See Footnote (1)
Common Stock 12/07/2005   S   700 D $ 8.19 865,849 I See Footnote (1)
Common Stock 12/07/2005   S   200 D $ 8.1901 865,649 I See Footnote (1)
Common Stock 12/07/2005   S   500 D $ 8.2 865,149 I See Footnote (1)
Common Stock 12/07/2005   S   1,000 D $ 8.2001 864,149 I See Footnote (1)
Common Stock 12/07/2005   S   300 D $ 8.22 863,849 I See Footnote (1)
Common Stock 12/07/2005   S   600 D $ 8.23 863,249 I See Footnote (1)
Common Stock 12/07/2005   S   975 D $ 8.25 862,274 I See Footnote (1)
Common Stock 12/07/2005   S   325 D $ 8.26 861,949 I See Footnote (1)
Common Stock 12/07/2005   S   70 D $ 8.27 861,879 I See Footnote (1)
Common Stock 12/07/2005   S   830 D $ 8.28 861,049 I See Footnote (1)
Common Stock 12/07/2005   S   100 D $ 8.2801 860,949 I See Footnote (1)
Common Stock 12/07/2005   S   300 D $ 8.29 860,649 I See Footnote (1)
Common Stock 12/07/2005   S   1,500 D $ 8.291 859,149 I See Footnote (1)
Common Stock 12/07/2005   S   600 D $ 8.3001 858,549 I See Footnote (1)
Common Stock 12/07/2005   S   400 D $ 8.301 858,149 I See Footnote (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
7. Title and Amount 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
Warrant (Right to buy Common Stock) $ 4.07 03/31/2005   X     63,267 05/01/2001   (2) Common Stock 63,267 $ 0 0 I See Footnote (3)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
King Robert W
C/O PLANETOUT INC.
1355 SANSOME STREET
SAN FRANCISCO, CA 94111
  X      

Signatures

 /s/ Todd Huge, attorney-in-fact for Robert W. King   12/09/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) 827,195 shares are held by Petunia Resources, Ltd. and the remainder by Peter A. Allard. Mr. King is an advisor to both Petunia Resources, Ltd. and Mr. Allard and is Mr. Allard's nephew. Mr. King disclaims beneficial ownership of the shares held by Petunia Resources, Ltd. and its affiliates, except to the extent of his pecuniary interests.
(2) The warrant was scheduled to expire on the 179th day following the closing of the Issuer's initial public offering.
(3) The warrant and the shares underlying the warrant were held by Petunia Resources, Ltd. Mr. King is an advisor to Petunia Resources, Ltd. and the nephew of Peter Allard, a principal of Petunia Resources, Ltd. Mr. King disclaims beneficial ownership of the securities held by Petunia Resources, Ltd. and its affiliates, except to the extent of his pecuniary interests.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.