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Filing Details

Accession Number:: 0001209191-21-049802
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-08-04 20:04:28
Reporting Period:: 2021-08-02

Accepted Time:: 2021-08-04 20:04:28
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
1823951	C. Alexander Karp	C/O Palantir Technologies Inc. 1555 Blake Street, Suite 250 Denver CO 80202	See Remarks	Yes	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	2021-08-02	638,629	$0.00	7,070,887	No	4	C	Direct
Class A Common Stock	Disposition	2021-08-02	638,629	$22.05	6,432,258	No	4	S	Direct
Class A Common Stock	Acquisiton	2021-08-03	638,629	$0.00	7,070,887	No	4	C	Direct
Class A Common Stock	Disposition	2021-08-03	638,629	$21.96	6,432,258	No	4	S	Direct
Class A Common Stock	Acquisiton	2021-08-04	638,629	$0.00	7,070,887	No	4	C	Direct
Class A Common Stock	Disposition	2021-08-04	638,629	$22.27	6,432,258	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	C	Direct
No	4	S	Direct
No	4	C	Direct
No	4	S	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	2021-08-02	638,629	$0.00	638,629	$0.10
Class A Common Stock	Class B Common Stock	Acquisiton	2021-08-02	638,629	$0.00	638,629	$0.10
Class A Common Stock	Class B Common Stock	Disposition	2021-08-02	638,629	$0.00	638,629	$0.00
Class B Common Stock	Employee Stock Option (Right to buy)	Disposition	2021-08-03	2,554,516	$0.00	2,554,516	$0.10
Class A Common Stock	Class B Common Stock	Acquisiton	2021-08-03	2,554,516	$0.00	2,554,516	$0.10
Class A Common Stock	Class B Common Stock	Disposition	2021-08-03	638,629	$0.00	638,629	$0.00
Class B Common Stock	Employee Stock Option (Right to buy)	Disposition	2021-08-04	638,629	$0.00	638,629	$0.10
Class A Common Stock	Class B Common Stock	Acquisiton	2021-08-04	638,629	$0.00	638,629	$0.10
Class A Common Stock	Class B Common Stock	Disposition	2021-08-04	638,629	$0.00	638,629	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
22,015,539	2021-12-03	No	4	M	Direct
31,284,342		No	4	M	Direct
30,645,713		No	4	C	Direct
19,461,023	2021-12-03	No	4	M	Direct
33,200,229		No	4	M	Direct
32,561,600		No	4	C	Direct
18,822,394	2021-12-03	No	4	M	Direct
33,200,229		No	4	M	Direct
32,561,600		No	4	C	Direct

Footnotes

This transaction is part of a related series of transactions undertaken on August 2, 2021 pursuant to a preexisting Rule 10b5-1 trading plan. The Reporting Person exercised 638,629 vested Class B Common Stock options that are expiring on December 3, 2021, 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 sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $21.51 to $22.36. 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.
This transaction is part of a related series of transactions undertaken on August 3, 2021. The Reporting Person exercised 638,629 vested Class B Common Stock options that are expiring on December 3, 2021, converted the resulting shares of Class B Common Stock to Class A Common Stock, and immediately sold the shares of Class A Common Stock, all pursuant to a preexisting Rule 10b5-1 trading plan. The Reporting Person also exercised an additional 1,915,887 vested Class B Common Stock options that are expiring on December 3, 2021 and held the resulting shares of Class B Common Stock, resulting in a net increase in the number of shares of Class B Common Stock held as of the transaction date.
This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $21.72 to $22.25. 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.
This transaction is part of a related series of transactions undertaken on August 4, 2021 pursuant to a preexisting Rule 10b5-1 trading plan. The Reporting Person exercised 638,629 vested Class B Common Stock options that are expiring on December 3, 2021, 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 $22.08 to $22.53. 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 options exercised in this transaction were fully vested and exercisable as of the transaction date.
The Reporting Person's Forms 4 filed on July 8, July 23 and July 28, 2021 inadvertently reported the number of shares of Class B Common Stock beneficially owned by the Reporting Person as 1,000 shares higher than actually owned. The 31,284,342 shares reported in this Form 4 reflects the correct number of shares of Class B Common Stock owned following the option exercise on August 2, 2021.