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
  1. 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.
  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. 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.
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. The options exercised in this transaction were fully vested and exercisable as of the transaction date.