Stephen Andrew Cohen - Jul 9, 2021 Form 4 Insider Report for Palantir Technologies Inc. (PLTR)

Role
Officer title: President and Secretary, Director
Signature
/s/ Justin V. Laubach, under power of attorney
Stock symbol
PLTR
Transactions as of
Jul 9, 2021
Transactions value $
$0
Form type
4
Date filed
7/13/2021, 08:23 PM
Previous filing
Jul 8, 2021
Next filing
Aug 5, 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 -90.9K -100% $0.00* 0 Jul 9, 2021 Class B Common Stock 90.9K $1.10 Direct F1, F2, F3
transaction PLTR Class B Common Stock Options Exercise $0 +90.9K +0.85% $0.00 10.8M Jul 9, 2021 Class A Common Stock 90.9K $1.10 Direct F1, F3
* 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, 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: President and Secretary