David A. Glazer - 12 Aug 2021 Form 4 Insider Report for Palantir Technologies Inc. (PLTR)

Role
Officer title: Chief Financial Officer and Treasurer
Signature
/s/ Justin V. Laubach, under power of attorney
Issuer symbol
PLTR
Transactions as of
12 Aug 2021
Net transactions value
-$1,080,000
Form type
4
Filing time
16 Aug 2021, 19:09:10 UTC
Previous filing
30 Jun 2021
Next filing
20 Aug 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 Options Exercise $254,880 +54,000 +2% $4.72 2,770,244 12 Aug 2021 Direct F1
transaction PLTR Class A Common Stock Sale $1,334,880 -54,000 -1.9% $24.72 2,716,244 12 Aug 2021 Direct F1

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 -54,000 -40% $0.000000 81,169 12 Aug 2021 Class A Common Stock 54,000 $4.72 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All transactions listed in this Form 4 are related and represent one series of transactions undertaken pursuant to a preexisting Rule 10b5-1 trading plan. The Reporting Person exercised vested Class A Common Stock options and immediately sold the resulting shares of Class A Common Stock in the open market.
F2 The options exercised in this transaction were fully vested and exercisable as of the transaction date.

Remarks:

Officer title: Chief Financial Officer and Treasurer