Alexander C. Karp - 26 Nov 2021 Form 4 Insider Report for Palantir Technologies Inc. (PLTR)

Signature
/s/ Justin V. Laubach, under power of attorney
Issuer symbol
PLTR
Transactions as of
26 Nov 2021
Net transactions value
-$11,970,512
Form type
4
Filing time
30 Nov 2021, 19:25:52 UTC
Previous filing
24 Nov 2021
Next filing
08 Dec 2022

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 +195,443 +3% 6,627,701 26 Nov 2021 Direct F1, F2
transaction PLTR Class A Common Stock Sale $4,082,140 -195,443 -2.9% $20.89 6,432,258 26 Nov 2021 Direct F1, F3
transaction PLTR Class A Common Stock Conversion of derivative security +189,695 +2.9% 6,621,953 29 Nov 2021 Direct F2, F4
transaction PLTR Class A Common Stock Sale $3,976,785 -189,695 -2.9% $20.96 6,432,258 29 Nov 2021 Direct F4, F5
transaction PLTR Class A Common Stock Conversion of derivative security +189,696 +2.9% 6,621,954 30 Nov 2021 Direct F2, F6
transaction PLTR Class A Common Stock Sale $3,685,683 -179,027 -2.7% $20.59 6,442,927 30 Nov 2021 Direct F6, F7
transaction PLTR Class A Common Stock Sale $225,904 -10,669 -0.17% $21.17 6,432,258 30 Nov 2021 Direct F6, F8

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 -195,443 -0.42% $0.000000 46,352,176 26 Nov 2021 Class A Common Stock 195,443 Direct F1, F2
transaction PLTR Class B Common Stock Conversion of derivative security $0 -189,695 -0.41% $0.000000 46,162,481 29 Nov 2021 Class A Common Stock 189,695 Direct F2, F4
transaction PLTR Class B Common Stock Conversion of derivative security $0 -189,696 -0.41% $0.000000 45,972,785 30 Nov 2021 Class A Common Stock 189,696 Direct F2, F6
* 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 November 26, 2021 pursuant to a preexisting Rule 10b5-1 trading plan. The Reporting Person converted 195,443 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 $20.41 to $21.08. 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 November 29, 2021 pursuant to a preexisting Rule 10b5-1 trading plan. The Reporting Person converted 189,695 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 $20.57 to $21.37. 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.
F6 This transaction is part of a related series of transactions undertaken on November 30, 2021 pursuant to a preexisting Rule 10b5-1 trading plan. The Reporting Person converted 189,696 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.
F7 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $20.13 to $21.12. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnote (8) 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, full information regarding the number of shares sold at each separate sale price.
F8 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $21.13 to $21.23. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnote (7) 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, full information regarding the number of shares sold at each separate sale price.

Remarks:

Officer title: Chief Executive Officer