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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Colonna Jerry
  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)
11/28/2005
(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 11/28/2005   S   33 D $ 8.75 6,891 I See Footnote (1)
Common Stock 11/28/2005   S   33 D $ 8.78 6,858 I See Footnote (1)
Common Stock 11/28/2005   S   167 D $ 8.8 6,691 I See Footnote (1)
Common Stock 11/28/2005   S   65 D $ 8.8015 6,626 I See Footnote (1)
Common Stock 11/28/2005   S   98 D $ 8.8033 6,528 I See Footnote (1)
Common Stock 11/28/2005   S   98 D $ 8.804 6,430 I See Footnote (1)
Common Stock 11/28/2005   S   65 D $ 8.807 6,365 I See Footnote (1)
Common Stock 11/28/2005   S   33 D $ 8.808 6,332 I See Footnote (1)
Common Stock 11/28/2005   S   33 D $ 8.812 6,299 I See Footnote (1)
Common Stock 11/28/2005   S   65 D $ 8.815 6,234 I See Footnote (1)
Common Stock 11/28/2005   S   65 D $ 8.823 6,169 I See Footnote (1)
Common Stock 11/28/2005   S   65 D $ 8.829 6,104 I See Footnote (1)
Common Stock 11/28/2005   S   200 D $ 8.85 5,904 I See Footnote (1)
Common Stock 11/28/2005   S   65 D $ 8.8612 5,839 I See Footnote (1)
Common Stock 11/28/2005   S   118 D $ 8.85 125,457 I See Footnote (2)
Common Stock 11/28/2005   S   57 D $ 8.8 125,400 I See Footnote (2)
Common Stock 11/28/2005   S   1,722 D $ 8.85 123,678 I See Footnote (2)
Common Stock 11/28/2005   S   1,779 D $ 8.85 121,899 I See Footnote (2)
Common Stock 11/28/2005   S   1,779 D $ 8.8033 120,120 I See Footnote (2)
Common Stock 11/28/2005   S   1,779 D $ 8.8 118,341 I See Footnote (2)
Common Stock 11/28/2005   S   1,186 D $ 8.815 117,155 I See Footnote (2)
Common Stock 11/28/2005   S   1,186 D $ 8.823 115,969 I See Footnote (2)
Common Stock 11/28/2005   S   1,186 D $ 8.8612 114,783 I See Footnote (2)
Common Stock 11/28/2005   S   1,186 D $ 8.829 113,597 I See Footnote (2)
Common Stock 11/28/2005   S   1,186 D $ 8.807 112,411 I See Footnote (2)
Common Stock 11/28/2005   S   1,779 D $ 8.804 110,632 I See Footnote (2)
Common Stock 11/28/2005   S   593 D $ 8.8 110,039 I See Footnote (2)
Common Stock 11/28/2005   S   1,186 D $ 8.8015 108,853 I See Footnote (2)
Common Stock 11/28/2005   S   593 D $ 8.8 108,260 I See Footnote (2)

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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

Reporting Owners

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

Signatures

 /s/ Todd Huge, attorney-in-fact for Jerry Colonna   11/30/2005
**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) Shares held by Flatiron Associates II, LLC. Mr. Colonna is a partner of Flatiron Partners and disclaims beneficial ownership of shares held by Flatiron Associates II, LLC, except to the extent of his pecuniary interest therein.
(2) Shares held by Flatiron Fund 2000, LLC. Mr. Colonna is a partner of Flatiron Partners and disclaims beneficial ownership of shares held by Flatiron Fund 2000, LLC, except to the extent of his pecuniary interest therein.

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