Shyam Sankar - Nov 20, 2022 Form 4 Insider Report for Palantir Technologies Inc. (PLTR)

Signature
/s/ Justin V. Laubach, under power of attorney
Stock symbol
PLTR
Transactions as of
Nov 20, 2022
Transactions value $
$0
Form type
4
Date filed
11/22/2022, 05:15 PM
Previous filing
Aug 29, 2022
Next filing
Nov 23, 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 Restricted Stock Units Options Exercise $0 -375K -6.67% $0.00 5.25M Nov 20, 2022 Class B Common Stock 375K Direct F1, F2, F3, F4
transaction PLTR Class B Common Stock Options Exercise $0 +375K +54.12% $0.00 1.07M Nov 20, 2022 Class A Common Stock 375K 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 375,000 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.

Remarks:

Officer title: Chief Operating Officer and Executive Vice President