David A. Glazer - Oct 29, 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
Stock symbol
PLTR
Transactions as of
Oct 29, 2021
Transactions value $
-$190,698
Form type
4
Date filed
11/2/2021, 05:19 PM
Previous filing
Sep 23, 2021
Next filing
Nov 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLTR Class A Common Stock Options Exercise $42.5K +9K +0.36% $4.72 2.52M Oct 29, 2021 Direct F1
transaction PLTR Class A Common Stock Sale -$233K -9K -0.36% $25.91 2.52M Oct 29, 2021 Direct F1, F2

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 -9K -2.07% $0.00 426K Oct 29, 2021 Class A Common Stock 9K $4.72 Direct F1, F3
* 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 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $25.90 to $25.915. 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, information regarding the number of shares sold at each separate sale price.
F3 The options exercised in this transaction were fully vested and exercisable as of the transaction date.

Remarks:

Officer title: Chief Financial Officer and Treasurer