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Filing Details

Accession Number:: 0001321655-23-000126
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-11-22 20:30:40
Reporting Period:: 2023-11-20

Accepted Time:: 2023-11-22 20:30:40
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. 1200 17Th Street, Floor 15 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	2023-11-20	325,000	$0.00	6,757,258	No	4	C	Direct
Class A Common Stock	Disposition	2023-11-20	324,300	$21.33	6,432,958	No	4	S	Direct
Class A Common Stock	Disposition	2023-11-20	700	$21.58	6,432,258	No	4	S	Direct
Class A Common Stock	Acquisiton	2023-11-20	237,194	$0.00	6,669,452	No	4	C	Direct
Class A Common Stock	Disposition	2023-11-20	237,025	$21.27	6,432,427	No	4	S	Direct
Class A Common Stock	Disposition	2023-11-20	169	$21.59	6,432,258	No	4	S	Direct
Class A Common Stock	Acquisiton	2023-11-21	165,284	$0.00	6,597,542	No	4	C	Direct
Class A Common Stock	Disposition	2023-11-21	144,003	$20.09	6,453,539	No	4	S	Direct
Class A Common Stock	Disposition	2023-11-21	21,281	$21.05	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	C	Direct
No	4	S	Direct
No	4	S	Direct
No	4	C	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	2023-11-20	325,000	$0.00	325,000	$0.00
Class B Common Stock	Restricted Stock Units	Disposition	2023-11-20	877,500	$0.00	877,500	$0.00
Class A Common Stock	Class B Common Stock	Acquisiton	2023-11-20	877,500	$0.00	877,500	$0.00
Class B Common Stock	Restricted Stock Units	Disposition	2023-11-20	97,500	$0.00	97,500	$0.00
Class A Common Stock	Class B Common Stock	Acquisiton	2023-11-20	97,500	$0.00	97,500	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2023-11-20	237,194	$0.00	237,194	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2023-11-21	165,284	$0.00	165,284	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
48,952,281		No	4	C	Direct
26,325,000	2031-05-20	No	4	M	Direct
49,829,781		No	4	M	Direct
2,925,000	2031-05-20	No	4	M	Direct
49,927,281		No	4	M	Direct
49,690,087		No	4	C	Direct
49,524,803		No	4	C	Direct

Footnotes

This transaction is part of a related series of transactions. The Reporting Person converted 325,000 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 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 February 23, 2023, prior to the effectiveness of, but in compliance with, the revised requirements of Rule 10b5-1(c).
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 $20.57 to $21.56. 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 $21.57 to $21.59. 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 is part of a related series of transactions. The Reporting Person acquired rights to 975,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on November 20, 2023, converted 237,194 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on November 20, 2023 and then converted 165,284 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on November 21, 2023. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on November 20, 2023 and were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.
This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $20.59 to $21.58. 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 represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $19.74 to $20.73. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnote (8) 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 $20.74 to $21.73. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnote (7) 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.
These securities are RSUs granted pursuant to the Issuer's Amended 2010 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock.
The shares acquired from the incremental vesting of RSUs (as described above) were fully vested as of the transaction date.
These securities are RSUs granted pursuant to the Issuer's 2020 Executive Equity Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock.