Shyam Sankar - Jul 19, 2021 Form 4 Insider Report for Palantir Technologies Inc. (PLTR)

Signature
/s/ Justin V. Laubach, under power of attorney
Stock symbol
PLTR
Transactions as of
Jul 19, 2021
Transactions value $
-$3,676,707
Form type
4
Date filed
7/21/2021, 06:58 PM
Previous filing
May 24, 2021
Next filing
Aug 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLTR Class A Common Stock Sale -$3.49M -164K -6% $21.29 2.57M Jul 19, 2021 Direct F1, F2
transaction PLTR Class A Common Stock Sale -$183K -8.48K -0.33% $21.61 2.56M Jul 19, 2021 Direct F1, F3
holding PLTR Class A Common Stock 850K Jul 19, 2021 See Footnote F4
holding PLTR Class A Common Stock 225K Jul 19, 2021 See Footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person sold shares of Class A Common Stock in the open market pursuant to a pre-existing 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 $20.565 to $21.545. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnote (3) 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 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $21.565 to $21.67. 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.
F4 These shares are held of record by Shyam Sankar, Trustee of The Shyam Sankar 2020 Annuity Trust u/a/d 7/14/2020 (the "Annuity Trust"). 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. The Reporting Person disclaims beneficial ownership of the shares held by the Annuity Trust, except to the extent of his pecuniary interest therein.
F5 These shares are held of record by Shyam Sankar, Co-Trustee of the Sankar Irrevocable Remainder Trust u/a/d 4/20/2020 (the "Remainder Trust"). 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.The Reporting Person disclaims beneficial ownership of the shares held by the Remainder Trust, except to the extent of his pecuniary interest therein.

Remarks:

Officer title: Chief Operating Officer and Executive Vice President