David A. Glazer - 16 Sep 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
16 Sep 2021
Net transactions value
-$609,686
Form type
4
Filing time
20 Sep 2021, 21:01:36 UTC
Previous filing
24 Aug 2021
Next filing
23 Sep 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 $42,480 +9,000 +0.36% $4.72 2,524,054 16 Sep 2021 Direct F1
transaction PLTR Class A Common Stock Sale $251,100 -9,000 -0.36% $27.90 2,515,054 16 Sep 2021 Direct F1
transaction PLTR Class A Common Stock Options Exercise $84,960 +18,000 +0.72% $4.72 2,533,054 20 Sep 2021 Direct F2
transaction PLTR Class A Common Stock Sale $195,851 -7,461 -0.29% $26.25 2,525,593 20 Sep 2021 Direct F2, F3
transaction PLTR Class A Common Stock Sale $290,176 -10,539 -0.42% $27.53 2,515,054 20 Sep 2021 Direct F2, F4

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 -9,000 -12% $0.000000 63,169 16 Sep 2021 Class A Common Stock 9,000 $4.72 Direct F1, F5
transaction PLTR Employee Stock Option (Right to buy) Options Exercise $0 -18,000 -28% $0.000000 45,169 20 Sep 2021 Class A Common Stock 18,000 $4.72 Direct F2, F5
* 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 September 16, 2021 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 This transaction is part of a related series of transactions undertaken on September 20, 2021 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.
F3 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $26.06 to $27.04. 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, information regarding the number of shares sold at each separate sale price.
F4 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $27.07 to $27.99. 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, information regarding the number of shares sold at each separate sale price.
F5 The options exercised in this transaction were fully vested and exercisable as of the transaction date.

Remarks:

Officer title: Chief Financial Officer and Treasurer