| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PLTR | Class A Common Stock | Conversion of derivative security | +11.3K | +0.56% | 2.04M | Jul 22, 2022 | Direct | F1, F2 | ||
| transaction | PLTR | Class A Common Stock | Sale | -$1.24M | -125K | -6.12% | $9.95 | 1.92M | Jul 22, 2022 | Direct | F1, F3 |
| holding | PLTR | Class A Common Stock | 761K | Jul 22, 2022 | See Footnote | F4 | |||||
| holding | PLTR | Class A Common Stock | 225K | Jul 22, 2022 | See Footnote | F5 |
| 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 | -11.3K | -2.24% | $0.00 | 493K | Jul 22, 2022 | Class A Common Stock | 11.3K | Direct | F1, F2 |
| Id | Content |
|---|---|
| F1 | This transaction is part of a related series of transactions. The Reporting Person converted 11,306 shares of Class B Common Stock to Class A Common Stock. The resulting shares of Class A Common Stock, along with 113,694 additional shares of Class A Common Stock, were sold in the open market pursuant to a preexisting Rule 10b5-1 trading plan. |
| 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 $9.735 to $10.55. 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 | These shares are held of record by Shyam Sankar, Trustee of The Shyam Sankar 2020 Annuity Trust u/a/d 7/14/2020 (the "Annuity Trust"). These shares were not subject to a particular transaction during the dates covered by this Form 4 and are listed here to disclose the Reporting Person's holdings as required by Securities and Exchange Commission rules. The Reporting Person disclaims beneficial ownership of the shares held by the Annuity Trust, except to the extent of his pecuniary interest therein. |
| F5 | These shares are held of record by Shyam Sankar, Co-Trustee of the Sankar Irrevocable Remainder Trust u/a/d 4/20/2020 (the "Remainder Trust"). These shares were not subject to a particular transaction during the dates covered by this Form 4 and are listed here to disclose the Reporting Person's holdings as required by Securities and Exchange Commission rules.The Reporting Person disclaims beneficial ownership of the shares held by the Remainder Trust, except to the extent of his pecuniary interest therein. |
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