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Filing Details

Accession Number:: 0001209191-21-066894
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-11-24 21:54:08
Reporting Period:: 2021-11-22

Accepted Time:: 2021-11-24 21:54:08
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	2021-11-22	400,166	$0.00	6,832,424	No	4	C	Direct
Class A Common Stock	Disposition	2021-11-22	289,971	$20.75	6,542,453	No	4	S	Direct
Class A Common Stock	Disposition	2021-11-22	5,712	$21.45	6,536,741	No	4	S	Direct
Class A Common Stock	Disposition	2021-11-23	104,483	$20.36	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	S	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 A Common Stock	Class B Common Stock	Disposition	2021-11-22	400,166	$0.00	400,166	$0.00
Class B Common Stock	Employee Stock Option (Right to buy)	Disposition	2021-11-24	1,915,863	$0.00	1,915,863	$0.85
Class A Common Stock	Class B Common Stock	Acquisiton	2021-11-24	1,915,863	$0.00	1,915,863	$0.85

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
44,631,756		No	4	C	Direct
0	2021-12-03	No	4	M	Direct
46,547,619		No	4	M	Direct

Footnotes

This transaction is part of a related series of transactions. The Reporting Person converted 400,166 shares of Class B Common Stock to Class A Common Stock on November 22, 2021, immediately sold 295,683 shares of Class A Common Stock, and then sold 104,483 of the resulting shares of Class A Common Stock on November 23, 2021. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting of restricted stock units on November 20, 2021 and were conducted in compliance with the Reporting Person's preexisting Rule 10b5-1 trading plan.
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 $20.19 to $21.185. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnote (4) 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 $21.19 to $21.52. 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 $20.06 to $21.03. 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 November 24, 2021. The Reporting Person exercised 1,915,863 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.
The options exercised in this transaction were fully vested and exercisable as of the transaction date.