Home > Insider Trading > Filing (0001209191-21-027115)

Filing Details

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
1824159	Shyam Sankar	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	300,000	$0.00	3,229,793	No	4	C	Direct
Class A Common Stock	Disposition	2021-02-22	300,000	$30.00	2,929,793	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	300,000	$0.00	300,000	$4.72
Class A Common Stock	Class B Common Stock	Acquisiton	2021-02-22	300,000	$0.00	300,000	$4.72
Class A Common Stock	Class B Common Stock	Disposition	2021-02-22	300,000	$0.00	300,000	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
4,035,000	2030-06-03	No	4	M	Direct
300,000		No	4	M	Direct
0		No	4	C	Direct

Footnotes

The original Form 4, filed February 23, 2021, inadvertently omitted reporting a related series of transactions undertaken on February 22, 2021 pursuant to a preexisting Rule 10b5-1 trading plan. The Reporting Person exercised 300,000 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 other transactions listed on the original Form 4, filed February 23, 2021, are not restated here.
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 $30.00 per share.
The amount listed here is the correct amount as of February 22, 2021, after giving effect to all the Reporting Person's transactions on such date. The amounts reported for transactions dated February 23, 2021, as reported on the original Form 4, filed February 23, 2021, were correct.
The options exercised in this transaction were fully vested and exercisable as of the transaction date.