Alexander C. Karp - May 11, 2021 Form 4 Insider Report for Palantir Technologies Inc. (PLTR)

Role: Officer title: Chief Executive Officer, Director
Signature: /s/ Justin V. Laubach, under power of attorney
Stock symbol: PLTR
Transactions as of: May 11, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/13/2021, 09:02 PM
Next filing: May 17, 2021

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	Employee Stock Option (Right to buy)	Options Exercise	$0	-1.92M	-4.38%	$0.00	41.8M	May 11, 2021	Class B Common Stock	1.92M	$0.10	Direct	F1, F2, F3
transaction	PLTR	Class B Common Stock	Options Exercise	$0	+1.92M	+10%	$0.00	21.1M	May 11, 2021	Class A Common Stock	1.92M	$0.10	Direct	F1, F3

Showing 1 to 2 of 2 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The indicated transactions are related and were undertaken in compliance with a preexisting Rule 10b5-1 trading plan. The Reporting Person exercised vested Class B Common Stock options that are expiring on December 3, 2021, resulting in a decrease in the number of outstanding options held and an increase in the number of shares of Class B Common Stock held.
F2	The options exercised in this transaction were fully vested and exercisable as of the transaction date.
F3	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.

Remarks:

Officer title: Chief Executive Officer