Alexander C. Karp - 20 Nov 2021 Form 4 Insider Report for Palantir Technologies Inc. (PLTR)

Role
Officer title: Chief Executive Officer, Director
Signature
/s/ Justin V. Laubach, under power of attorney
Issuer symbol
PLTR
Transactions as of
20 Nov 2021
Net transactions value
$0
Form type
4
Filing time
23 Nov 2021, 20:20:47 UTC
Previous filing
18 Nov 2021
Next filing
24 Nov 2021
SEC
View on sec.gov

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 Restricted Stock Units Options Exercise $0 -877,500 -2.6% $0.000000 33,345,000 20 Nov 2021 Class B Common Stock 877,500 Direct F1, F2, F3, F4
transaction PLTR Class B Common Stock Options Exercise $0 +877,500 +2% $0.000000 44,934,422 20 Nov 2021 Class A Common Stock 877,500 Direct F2, F4
transaction PLTR Restricted Stock Units Options Exercise $0 -97,500 -2.6% $0.000000 3,705,000 20 Nov 2021 Class B Common Stock 97,500 Direct F2, F3, F4, F5
transaction PLTR Class B Common Stock Options Exercise $0 +97,500 +0.22% $0.000000 45,031,922 20 Nov 2021 Class A Common Stock 97,500 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are restricted stock units ("RSUs") granted pursuant to the Issuer's Amended 2010 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock.
F2 The Reporting Person acquired an aggregate of 975,000 shares of Class B Common Stock upon incremental vesting of RSUs.
F3 The shares acquired from the incremental vesting of RSUs (as described above) were fully vested as of the transaction date.
F4 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.
F5 These securities are RSUs granted pursuant to the Issuer's 2020 Executive Equity Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock.

Remarks:

Officer title: Chief Executive Officer