Filing Details
- Accession Number:
- 0001209191-21-026895
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-04-15 21:30:49
- Reporting Period:
- 2021-04-13
- Accepted Time:
- 2021-04-15 21:30:49
- 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
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2021-04-13 | 76,000 | $0.00 | 1,494,434 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2021-04-13 | 76,000 | $25.00 | 1,418,434 | 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 | 2021-04-13 | 76,000 | $0.00 | 76,000 | $4.72 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2021-04-13 | 76,000 | $0.00 | 76,000 | $4.72 |
| Class A Common Stock | Class B Common Stock | Disposition | 2021-04-13 | 76,000 | $0.00 | 76,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,535,504 | 2030-06-03 | No | 4 | M | Direct | |
| 206,484 | No | 4 | M | Direct | ||
| 130,484 | 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 and has no expiration date.
- This transaction represents a sale of shares in the open market made at a price of $25.00 per share.
- The option, originally for 1,611,504 shares, vested as to 11,500 shares on April 1, 2018 and each month thereafter through December 1, 2019; 30,000 shares vested on January 1, 2020 and vest each month thereafter through March 1, 2022; and 46,667 shares vest on April 1, 2022 and each month thereafter through March 1, 2023, subject to the Reporting Person continuing as a service provider through each such date.
Billionaire Hedge Funds
