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Filing Details

Accession Number:: 0001209191-20-059305
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-11-18 21:41:03
Reporting Period:: 2020-11-16

Accepted Time:: 2020-11-18 21:41:03
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1321655	Palantir Technologies Inc.	PLTR	Services-Prepackaged Software (7372)	680551851

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1823923	D. Ryan Taylor	C/O Palantir Technologies Inc. 1555 Blake Street, Suite 250 Denver CO 80202	See Remarks	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2020-11-16	132,931	$0.00	2,031,095	No	4	C	Direct
Class A Common Stock	Disposition	2020-11-16	226,548	$15.88	1,804,547	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-16	40,498	$16.04	1,764,049	No	4	S	Direct
Class A Common Stock	Acquisiton	2020-11-17	3,399	$0.00	1,767,448	No	4	C	Direct
Class A Common Stock	Acquisiton	2020-11-17	129,532	$0.00	1,896,980	No	4	C	Direct
Class A Common Stock	Disposition	2020-11-17	132,931	$18.00	1,764,049	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	C	Direct
No	4	S	Direct
No	4	S	Direct
No	4	C	Direct
No	4	C	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class B Common Stock	Employee Stock Option (Right to buy)	Disposition	2020-11-16	132,931	$0.00	132,931	$3.25
Class A Common Stock	Class B Common Stock	Acquisiton	2020-11-16	132,931	$0.00	132,931	$3.25
Class A Common Stock	Class B Common Stock	Disposition	2020-11-16	132,931	$0.00	132,931	$0.00
Class B Common Stock	Employee Stock Option (Right to buy)	Disposition	2020-11-17	3,399	$0.00	3,399	$3.25
Class A Common Stock	Class B Common Stock	Acquisiton	2020-11-17	3,399	$0.00	3,399	$3.25
Class A Common Stock	Class B Common Stock	Disposition	2020-11-17	3,399	$0.00	3,399	$0.00
Class B Common Stock	Employee Stock Option (Right to buy)	Disposition	2020-11-17	129,532	$0.00	129,532	$4.72
Class A Common Stock	Class B Common Stock	Acquisiton	2020-11-17	129,532	$0.00	129,532	$4.72
Class A Common Stock	Class B Common Stock	Disposition	2020-11-17	129,532	$0.00	129,532	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
125,804	2023-10-16	No	4	M	Direct
132,931		No	4	M	Direct
0		No	4	C	Direct
122,405	2023-10-16	No	4	M	Direct
3,399		No	4	M	Direct
0		No	4	C	Direct
351,186	2030-06-03	No	4	M	Direct
129,532		No	4	M	Direct
0		No	4	C	Direct

Footnotes

This transaction is part of a related series of transactions undertaken on November 16, 2020 pursuant to a preexisting Rule 10b5-1 trading plan and conducted in compliance with the Issuer's lock-up terms. The Reporting Person exercised vested Class B Common Stock options, converted the resulting shares of Class B Common Stock to Class A Common Stock, and immediately sold the shares of Class A Common Stock in the open market, along with 134,115 shares of Class A Common Stock held prior to the option exercise.
This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $15.02 to $16.01. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnote (3) for sales executed in other price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $16.01 to $16.09. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnote (2) for sales executed in other price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
This transaction is part of a related series of transactions undertaken on November 17, 2020 pursuant to a preexisting Rule 10b5-1 trading plan and conducted in compliance with the Issuer's lock-up terms. The Reporting Person exercised vested Class B Common Stock options, converted the resulting shares of Class B Common Stock to Class A Common Stock, and immediately sold the shares of Class A Common Stock in the open market.
This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $18.00 to $18.04. The price reported above reflects the weighted average sale price of those trades. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
All of the shares subject to the option are fully vested and exercisable as of the date hereof.
The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis and has no expiration date.