Stephen Andrew Cohen - 17 Aug 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
Issuer symbol
PLTR
Transactions as of
17 Aug 2021
Net transactions value
-$943,751
Form type
4
Filing time
19 Aug 2021, 19:42:46 UTC
Previous filing
05 Aug 2021
Next filing
24 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 Conversion of derivative security +15,000 +2534% 15,592 17 Aug 2021 Direct F1, F2
transaction PLTR Class A Common Stock Sale $361,008 -15,000 -96% $24.07 592 17 Aug 2021 Direct F1, F3
transaction PLTR Class A Common Stock Conversion of derivative security +22,900 +3868% 23,492 18 Aug 2021 Direct F2, F4
transaction PLTR Class A Common Stock Sale $582,743 -22,900 -97% $25.45 592 18 Aug 2021 Direct F4, F5

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 Class B Common Stock Conversion of derivative security $0 -15,000 -0.14% $0.000000 10,705,881 17 Aug 2021 Class A Common Stock 15,000 Direct F1, F2
transaction PLTR Class B Common Stock Conversion of derivative security $0 -22,900 -0.21% $0.000000 10,682,981 18 Aug 2021 Class A Common Stock 22,900 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction is part of a related series of transactions undertaken on August 17, 2021 pursuant to a preexisting Rule 10b5-1 trading plan. The Reporting Person converted 15,000 shares of Class B Common Stock to Class A Common Stock and immediately sold the shares of Class A Common Stock in the open market.
F2 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.
F3 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $23.78 to $24.54. The price reported above reflects the weighted average sale price of trades occurring within that price range. 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 This transaction is part of a related series of transactions undertaken on August 18, 2021 pursuant to a preexisting Rule 10b5-1 trading plan. The Reporting Person converted 22,900 shares of Class B Common Stock to Class A Common Stock and immediately sold the shares of Class A Common Stock in the open market.
F5 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $25.00 to $25.92. The price reported above reflects the weighted average sale price of trades occurring within that price range. 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: President and Secretary