Filing Details
- Accession Number:
- 0001209191-21-014555
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-02-25 21:31:32
- Reporting Period:
- 2021-02-22
- Accepted Time:
- 2021-02-25 21:31:32
- 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 |
|---|---|---|---|---|---|---|---|
| 1823919 | A. Matthew Long | C/O Palantir Technologies Inc. 1555 Blake Street, Suite 250 Denver CO 80202 | See Remarks | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2021-02-22 | 220,000 | $0.00 | 970,875 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2021-02-22 | 220,000 | $30.02 | 710,389 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class B Common Stock | Employee stock option (Right to buy) | Disposition | 2021-02-22 | 220,000 | $0.00 | 220,000 | $4.72 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2021-02-22 | 220,000 | $0.00 | 220,000 | $4.72 |
| Class A Common Stock | Class B Common Stock | Disposition | 2021-02-22 | 220,000 | $0.00 | 220,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 660,000 | 2030-06-03 | No | 4 | M | Direct | |
| 516,296 | No | 4 | M | Direct | ||
| 296,296 | No | 4 | C | Direct |
Footnotes
- All transactions listed in this Form 4 are related and represent one series of transactions undertaken pursuant to a preexisting Rule 10b5-1 trading plan. 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.
- The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis for no consideration and has no expiration date.
- The number of shares beneficially owned following the reported transaction is as of February 22, 2021 after giving effect to previously reported stock sales that occurred on that date and does not reflect previously reported stock sales that occurred on February 23, 2021.
- This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $30.00 to $30.14. The price reported above reflects the weighted average sale price of trades occurring within that price range. 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.
- The number of shares beneficially owned is as of February 25, 2021.
- The options exercised in this transaction were fully vested and exercisable as of the transaction date.
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