Alexander C. Karp - 13 May 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
Issuer symbol
PLTR
Transactions as of
13 May 2021
Net transactions value
-$9,285
Form type
4
Filing time
17 May 2021, 20:37:05 UTC
Previous filing
13 May 2021
Next filing
21 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLTR Class A Common Stock Sale $6,535 -355 -0.01% $18.41 6,432,402 13 May 2021 Direct F1, F2, F3
transaction PLTR Class A Common Stock Sale $2,749 -144 -0% $19.09 6,432,258 13 May 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