Filing Details
- Accession Number:
- 0001321655-24-000171
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-09-17 20:00:03
- Reporting Period:
- 2024-09-13
- Accepted Time:
- 2024-09-17 20:00:03
- 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
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Acquisiton | 2024-09-13 | 246,502 | $0.00 | 6,678,760 | No | 4 | C | Direct | |
Class A Common Stock | Disposition | 2024-09-13 | 246,502 | $36.00 | 6,432,258 | No | 4 | S | Direct | |
Class A Common Stock | Acquisiton | 2024-09-16 | 4,500,000 | $0.00 | 10,932,258 | No | 4 | C | Direct | |
Class A Common Stock | Disposition | 2024-09-16 | 4,500,000 | $36.07 | 6,432,258 | No | 4 | S | Direct | |
Class A Common Stock | Acquisiton | 2024-09-17 | 4,253,498 | $0.00 | 10,685,756 | No | 4 | C | Direct | |
Class A Common Stock | Disposition | 2024-09-17 | 4,048,271 | $36.26 | 6,637,485 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2024-09-17 | 205,227 | $37.04 | 6,432,258 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | C | Direct | |
No | 4 | S | Direct | |
No | 4 | C | Direct | |
No | 4 | S | Direct | |
No | 4 | C | Direct | |
No | 4 | S | 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 | 2024-09-13 | 246,502 | $0.00 | 246,502 | $11.38 |
Class A Common Stock | Class B Common Stock | Acquisiton | 2024-09-13 | 246,502 | $0.00 | 246,502 | $11.38 |
Class A Common Stock | Class B Common Stock | Disposition | 2024-09-13 | 246,502 | $0.00 | 246,502 | $0.00 |
Class B Common Stock | Employee Stock Option (Right to buy) | Disposition | 2024-09-16 | 4,500,000 | $0.00 | 4,500,000 | $11.38 |
Class A Common Stock | Class B Common Stock | Acquisiton | 2024-09-16 | 4,500,000 | $0.00 | 4,500,000 | $11.38 |
Class A Common Stock | Class B Common Stock | Disposition | 2024-09-16 | 4,500,000 | $0.00 | 4,500,000 | $0.00 |
Class B Common Stock | Employee Stock Option (Right to buy) | Disposition | 2024-09-17 | 4,253,498 | $0.00 | 4,253,498 | $11.38 |
Class A Common Stock | Class B Common Stock | Acquisiton | 2024-09-17 | 4,253,498 | $0.00 | 4,253,498 | $11.38 |
Class A Common Stock | Class B Common Stock | Disposition | 2024-09-17 | 4,253,498 | $0.00 | 4,253,498 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
140,753,498 | 2032-08-20 | No | 4 | M | Direct | |
48,942,853 | No | 4 | M | Direct | ||
48,696,351 | No | 4 | C | Direct | ||
136,253,498 | 2032-08-20 | No | 4 | M | Direct | |
53,196,351 | No | 4 | M | Direct | ||
48,696,351 | No | 4 | C | Direct | ||
132,000,000 | 2032-08-20 | No | 4 | M | Direct | |
52,949,849 | No | 4 | M | Direct | ||
48,696,351 | No | 4 | C | Direct |
Footnotes
- This transaction is part of a related series of transactions undertaken on September 13, 2024 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on December 12, 2023. The Reporting Person exercised 246,502 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 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 $36.00 to $36.005. 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 September 16, 2024 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on December 12, 2023. The Reporting Person exercised 4,500,000 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.
- This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $36.00 to $36.37. 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 September 17, 2024 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on December 12, 2023. The Reporting Person exercised 4,253,498 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.
- This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $36.00 to $36.99. 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.