Stephen Andrew Cohen - Feb 20, 2023 Form 4 Insider Report for Palantir Technologies Inc. (PLTR)

Role
Officer title: President and Secretary, Director
Signature
/s/ Justin V. Laubach, under power of attorney
Stock symbol
PLTR
Transactions as of
Feb 20, 2023
Transactions value $
$0
Form type
4
Date filed
2/22/2023, 05:28 PM
Previous filing
Nov 23, 2022
Next filing
Feb 23, 2023

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 -675K -7.14% $0.00 8.78M Feb 20, 2023 Class B Common Stock 675K Direct F1, F2, F3, F4
transaction PLTR Class B Common Stock Options Exercise $0 +675K +5.66% $0.00 12.6M Feb 20, 2023 Class A Common Stock 675K 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 675,000 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: President and Secretary