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Filing Details

Accession Number:: 0001321655-24-000224
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-11-22 20:12:43
Reporting Period:: 2024-11-20

Accepted Time:: 2024-11-22 20:12:43
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	2024-11-20	266,563	$0.00	6,698,821	No	4	C	Direct
Class A Common Stock	Disposition	2024-11-20	52,512	$60.68	6,646,309	No	4	S	Direct
Class A Common Stock	Disposition	2024-11-20	132,838	$61.61	6,513,471	No	4	S	Direct
Class A Common Stock	Disposition	2024-11-20	81,213	$62.21	6,432,258	No	4	S	Direct
Class A Common Stock	Acquisiton	2024-11-21	138,130	$0.00	6,570,388	No	4	C	Direct
Class A Common Stock	Disposition	2024-11-21	56,343	$61.29	6,514,045	No	4	S	Direct
Class A Common Stock	Disposition	2024-11-21	80,728	$62.76	6,433,317	No	4	S	Direct
Class A Common Stock	Disposition	2024-11-21	1,059	$63.07	6,432,258	No	4	S	Direct
Class A Common Stock	Acquisiton	2024-11-21	482,241	$0.00	6,914,499	No	4	C	Direct
Class A Common Stock	Disposition	2024-11-21	482,241	$63.09	6,432,258	No	4	S	Direct
Class A Common Stock	Acquisiton	2024-11-22	1,620,395	$0.00	8,052,653	No	4	C	Direct
Class A Common Stock	Disposition	2024-11-22	112,755	$62.13	7,939,898	No	4	S	Direct
Class A Common Stock	Disposition	2024-11-22	1,203,304	$63.12	6,736,594	No	4	S	Direct
Class A Common Stock	Disposition	2024-11-22	304,336	$63.98	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
No	4	C	Direct
No	4	S	Direct
No	4	S	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
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 B Common Stock	Restricted Stock Units	Disposition	2024-11-20	877,500	$0.00	877,500	$0.00
Class A Common Stock	Class B Common Stock	Acquisiton	2024-11-20	877,500	$0.00	877,500	$0.00
Class B Common Stock	Restricted Stock Units	Disposition	2024-11-20	97,500	$0.00	97,500	$0.00
Class A Common Stock	Class B Common Stock	Acquisiton	2024-11-20	97,500	$0.00	97,500	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2024-11-20	266,563	$0.00	266,563	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2024-11-21	138,130	$0.00	138,130	$0.00
Class B Common Stock	Employee Stock Option (Right to buy)	Disposition	2024-11-21	482,241	$0.00	482,241	$11.38
Class A Common Stock	Class B Common Stock	Acquisiton	2024-11-21	482,241	$0.00	482,241	$11.38
Class A Common Stock	Class B Common Stock	Disposition	2024-11-21	482,241	$0.00	482,241	$0.00
Class B Common Stock	Employee Stock Option (Right to buy)	Disposition	2024-11-22	1,050,088	$0.00	1,050,088	$11.38
Class A Common Stock	Class B Common Stock	Acquisiton	2024-11-22	1,050,088	$0.00	1,050,088	$11.38
Class A Common Stock	Class B Common Stock	Disposition	2024-11-22	1,620,395	$0.00	1,620,395	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
22,815,000	2031-05-20	No	4	M	Direct
49,573,851		No	4	M	Direct
2,535,000	2031-05-20	No	4	M	Direct
49,671,351		No	4	M	Direct
49,404,788		No	4	C	Direct
49,266,658		No	4	C	Direct
106,050,088	2032-08-20	No	4	M	Direct
49,748,899		No	4	M	Direct
49,266,658		No	4	C	Direct
105,000,000	2032-08-20	No	4	M	Direct
50,316,746		No	4	M	Direct
48,696,351		No	4	C	Direct

Footnotes

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, 2024, converted 266,563 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, 2024 and then converted 138,130 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, 2024. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on November 20, 2024 and were conducted in compliance with the Reporting Person's 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 $60.0443 to $61.0402. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (4) and (5) 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 $61.045 to $62.0442. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) and (5) 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 $62.045 to $63.00. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) and (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 $60.92 to $61.91. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (7) and (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 $61.93 to $62.92. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (6) and (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 $62.93 to $63.38. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (6) and (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.
This transaction is part of a related series of transactions undertaken on November 21, 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 482,241 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 $63.00 to $63.35. 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 22, 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 1,050,088 vested Class B Common Stock options, converted the resulting shares of Class B Common Stock, along with 570,307 additional shares of Class B Common Stock, all into Class A Common Stock, and immediately sold the total 1,620,395 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 $61.68 to $62.67. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (13) and (14) 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 $62.68 to $63.675. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (12) and (14) 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 $63.68 to $64.43. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (12) and (13) 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.
The options exercised in this transaction were fully vested and exercisable as of the transaction date.