Shyam Sankar - Feb 20, 2023 Form 4 Insider Report for Palantir Technologies Inc. (PLTR)

Role: Officer title: Chief Technology Officer and Executive Vice President
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, 05:31 PM
Previous filing: Nov 29, 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	-375K	-7.14%	$0.00	4.88M	Feb 20, 2023	Class B Common Stock	375K		Direct	F1, F2, F3, F4
transaction	PLTR	Class B Common Stock	Options Exercise	$0	+375K	+42.12%	$0.00	1.27M	Feb 20, 2023	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 Technology Officer and Executive Vice President