Filing Details

Accession Number:
0001321655-23-000058
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-06-01 20:42:23
Reporting Period:
2023-05-30
Accepted Time:
2023-06-01 20:42:23
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
1824159 Shyam Sankar C/O Palantir Technologies Inc.
1200 17Th Street, Floor 15
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 2023-05-30 791,029 $0.00 2,344,979 No 4 C Direct
Class A Common Stock Disposition 2023-05-30 1,031,533 $15.00 1,313,446 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 A Common Stock Class B Common Stock Disposition 2023-05-30 791,029 $0.00 791,029 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
493,313 No 4 C Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 749,899 Indirect See Footnote
Footnotes
  1. This transaction is part of a related series of transactions. The Reporting Person converted 791,029 shares of Class B Common Stock to Class A Common Stock, then sold the resulting shares of Class A Common Stock, along with 240,504 additional shares of Class A Common Stock, in the open market pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into (or most recently amended or modified, as applicable) on June 7, 2022, prior to the effectiveness of the revised requirements of Rule 10b5-1(c).
  2. 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.
  3. These shares are held of record by Shyam Sankar, Co-Trustee of the Sankar Irrevocable Remainder Trust u/a/d 4/20/2020 (the "Remainder Trust"). These shares were not subject to a particular transaction during the date(s) covered by this Form 4 and are listed here to disclose the Reporting Person's holdings as required by Securities and Exchange Commission rules. The Reporting Person disclaims beneficial ownership of the shares held by the Remainder Trust, except to the extent of his pecuniary interest therein.