Shyam Sankar - May 13, 2022 Form 4 Insider Report for Palantir Technologies Inc. (PLTR)

Role
Officer title: Chief Operating Officer and Executive Vice President
Signature
/s/ Justin V. Laubach, under power of attorney
Stock symbol
PLTR
Transactions as of
May 13, 2022
Transactions value $
$0
Form type
4
Date filed
5/17/2022, 06:28 PM
Previous filing
Mar 14, 2022
Next filing
May 24, 2022

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 -100K -2.48% $0.00 3.94M May 13, 2022 Class B Common Stock 100K $4.72 Direct F1, F2, F3
transaction PLTR Class B Common Stock Options Exercise $0 +100K +48.84% $0.00 305K May 13, 2022 Class A Common Stock 100K $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 The indicated transactions are related and were undertaken in compliance with a preexisting Rule 10b5-1 trading plan. The Reporting Person exercised vested Class B Common Stock options, resulting in a decrease in the number of outstanding options held and an increase in the number of shares of Class B Common Stock held.
F2 The options exercised in this transaction were fully vested and exercisable as of the transaction date.
F3 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.

Remarks:

Officer title: Chief Operating Officer and Executive Vice President