Stephen Andrew Cohen - Oct 5, 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
Oct 5, 2021
Transactions value $
-$1,399,416
Form type
4
Date filed
10/7/2021, 04:10 PM
Previous filing
Sep 23, 2021
Next filing
Nov 4, 2021

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 +60K +10135.14% 60.6K Oct 5, 2021 Direct F1, F2
transaction PLTR Class A Common Stock Sale -$1.4M -60K -99.02% $23.32 592 Oct 5, 2021 Direct F1, F3

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 -60K -0.57% $0.00 10.5M Oct 5, 2021 Class A Common Stock 60K Direct F1, F2
* 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 October 5, 2021 pursuant to a preexisting Rule 10b5-1 trading plan. The Reporting Person converted 60,000 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 $23.09 to $23.84. 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