Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PLTR | Class A Common Stock | Award | $0 | +32.7K | +1.68% | $0.00 | 1.97M | Jun 8, 2022 | Direct | F1 |
transaction | PLTR | Class A Common Stock | Sale | -$101K | -11.4K | -0.58% | $8.89 | 1.96M | Jun 9, 2022 | Direct | F2, F3 |
Id | Content |
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F1 | These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject to the applicable time-based vesting schedule and conditions of each RSU and the Reporting Person continuing as a service provider through the applicable vesting date. These RSUs were granted to the Reporting Person as an annual award for service on the Issuer's board of directors, in accordance with the Issuer's outside director compensation policy. |
F2 | The Reporting Person sold shares of Class A Common Stock in the open market pursuant to a preexisting Rule 10b5-1 trading plan. |
F3 | This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $8.69 to $9.11. 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. |