Peter Thiel - Jun 28, 2021 Form 4 Insider Report for Palantir Technologies Inc. (PLTR)

Role
Director, 10%+ Owner
Signature
/s/ Justin V. Laubach, under power of attorney
Stock symbol
PLTR
Transactions as of
Jun 28, 2021
Transactions value $
-$43
Form type
4
Date filed
6/30/2021, 08:07 PM
Previous filing
Jun 17, 2021
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PLTR Class A Common Stock 7.07M Jun 28, 2021 Direct F1
holding PLTR Class A Common Stock 3.26K Jun 28, 2021 See Footnote F2, F3
holding PLTR Class A Common Stock 1.11M Jun 28, 2021 See Footnote F2, F4
holding PLTR Class A Common Stock 17.5M Jun 28, 2021 See Footnote F2, F5
holding PLTR Class A Common Stock 77.9M Jun 28, 2021 See Footnote F2, F6
holding PLTR Class A Common Stock 53.5K Jun 28, 2021 See Footnote F2, F7
holding PLTR Class A Common Stock 269K Jun 28, 2021 See Footnote F2, F8
holding PLTR Class A Common Stock 5.03M Jun 28, 2021 See Footnote F2, F9
holding PLTR Class A Common Stock 7.26M Jun 28, 2021 See Footnote F1, F10
holding PLTR Class A Common Stock 14.5M Jun 28, 2021 See Footnote F2, F11

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PLTR Class B Common Stock Warrant (Right to buy) Exercise of in-the-money or at-the-money derivative security $0 -4.5M -100% $0.00* 0 Jun 28, 2021 Class B Common Stock 4.5M $6.13 See Footnote F12, F13, F14, F15
transaction PLTR Class B Common Stock Exercise of in-the-money or at-the-money derivative security $27.6M +4.5M $6.13 4.5M Jun 28, 2021 Class A Common Stock 4.5M See Footnote F11, F12, F14
transaction PLTR Class B Common Stock Tax liability -$27.6M -1.17M -26.02% $23.56 3.33M Jun 28, 2021 Class A Common Stock 1.17M See Footnote F11, F12, F14
holding PLTR Class B Common Stock 20.8M Jun 28, 2021 Class A Common Stock 20.8M Direct F1, F14
holding PLTR Class B Common Stock 2.96M Jun 28, 2021 Class A Common Stock 2.96M See Footnote F2, F7, F14
holding PLTR Class B Common Stock 2.75M Jun 28, 2021 Class A Common Stock 2.75M See Footnote F2, F8, F14
holding PLTR Class B Common Stock 2.57M Jun 28, 2021 Class A Common Stock 2.57M See Footnote F2, F9, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Share numbers have been adjusted to reflect changes in form of beneficial ownership for no consideration in transfers exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended.
F2 These shares were not subject to a particular transaction during the dates covered by this Form 4 and are listed here to disclose the Reporting Person's holdings as required by Securities and Exchange Commission rules.
F3 These shares are held of record by FF Pathfinder VI, LLC ("FF Pathfinder"). The Reporting Person is one of the managing members of The Founders Fund VI Management, LLC, which is the managing member of FF Pathfinder. The Reporting Person may be deemed to have beneficial ownership over the securities held by FF Pathfinder. The Reporting Person disclaims beneficial ownership over the shares held by FF Pathfinder except to the extent of his pecuniary interest therein.
F4 These shares are held of record by FF4 Investment LLC, of which the Reporting Person is the sole beneficial owner. The Reporting Person has beneficial ownership over the securities held by FF4 Investment LLC.
F5 These shares are held of record by PLTR Holdings LLC, of which the Reporting Person is the sole beneficial owner. The Reporting Person has beneficial ownership over the securities held by PLTR Holdings LLC.
F6 These shares are held of record by Rivendell 7 LLC, of which the Reporting Person is the sole beneficial owner. The Reporting Person has beneficial ownership over the securities held by Rivendell 7 LLC.
F7 These shares are held of record by Rivendell 25 LLC, of which the Reporting Person is the sole beneficial owner. The Reporting Person has beneficial ownership over the securities held by Rivendell 25 LLC.
F8 These shares are held of record by STS Holdings II LLC, of which the Reporting Person is the sole beneficial owner. The Reporting Person has beneficial ownership over the securities held by STS Holdings II LLC.
F9 These shares are held of record by PT Ventures, LLC ("PTV"), of which the Reporting Person is the Managing Member. The Reporting Person has beneficial ownership over the securities held by PTV.
F10 These shares are held of record by Thiel Capital LLC, of which the Reporting Person is the Manager. The Reporting Person has beneficial ownership over the securities held by Thiel Capital LLC.
F11 These shares are held of record by Mithril PAL-SPV 1, LLC ("Mithril"). The Reporting Person is the Chairman of the Investment Committee of Mithril GP LP, the General Partner of Mithril LP, which, in turn, owns Mithril. The Reporting Person may be deemed to have beneficial ownership over the securities held by Mithril. The Reporting Person disclaims beneficial ownership of the shares held by Mithril except to the extent of his pecuniary interest therein.
F12 This transaction represents the cashless net exercise of a warrant in exchange for Class B Common Stock effected in compliance with a preexisting Rule 10b5-1 plan adopted by the holder.
F13 All of the shares underlying the warrant were fully vested and exercisable as of the date of the reported transaction.
F14 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.
F15 This warrant is held by Mithril. The Reporting Person may be deemed to have beneficial ownership over the securities held by Mithril. The Reporting Person disclaims beneficial ownership of the securities held by Mithril except to the extent of his pecuniary interest therein.