Alexander C. Karp - May 13, 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 13, 2021
Transactions value $
-$9,285
Form type
4
Date filed
5/17/2021, 08:37 PM
Previous filing
May 13, 2021
Next filing
May 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLTR Class A Common Stock Sale -$6.54K -355 -0.01% $18.41 6.43M May 13, 2021 Direct F1, F2, F3
transaction PLTR Class A Common Stock Sale -$2.75K -144 0% $19.09 6.43M May 13, 2021 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents an automatic sale of shares to cover required tax withholding obligations in connection with the vesting of restricted stock units. All sales were conducted in compliance with the Reporting Person's preexisting Rule 10b5-1 trading plan.
F2 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $17.83 to $18.82. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnote (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.
F3 Includes 2,599 shares received pursuant to a pro rata distribution from The Founders Fund, LP. The acquisition of such shares was exempt from immediate reporting pursuant to Rule 16a-9.
F4 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $18.83 to $19.46. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnote (2) 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.

Remarks:

Officer title: Chief Executive Officer