Heather A. Planishek - Feb 22, 2023 Form 4 Insider Report for Palantir Technologies Inc. (PLTR)

Signature
/s/ Justin V. Laubach, under power of attorney
Stock symbol
PLTR
Transactions as of
Feb 22, 2023
Transactions value $
-$118,642
Form type
4
Date filed
2/24/2023, 05:00 PM
Next filing
May 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLTR Class A Common Stock Award $0 +684K +320.97% $0.00 897K Feb 22, 2023 Direct F1
transaction PLTR Class A Common Stock Sale -$28.1K -3.36K -0.37% $8.35 893K Feb 22, 2023 Direct F2, F3
transaction PLTR Class A Common Stock Sale -$32.7K -4.02K -0.45% $8.13 889K Feb 23, 2023 Direct F2, F4
transaction PLTR Class A Common Stock Sale -$57.9K -7.21K -0.81% $8.03 882K Feb 23, 2023 Direct F5
holding PLTR Class A Common Stock 8.13K Feb 22, 2023 See Footnote F6
* 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"). 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 each applicable vesting date. These RSUs were granted to the Reporting Person in connection with her appointment as Chief Accounting Officer of the Issuer, effective February 22, 2023.
F2 This transaction represents an automatic sale of shares to cover required tax withholding obligations in connection with the vesting of RSUs. All sales were conducted in compliance with the Reporting Person's 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 $8.17 to $8.62. 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 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $7.92 to $8.46. 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.
F5 The Reporting Person sold shares of Class A Common Stock in the open market pursuant to a preexisting Rule 10b5-1 trading plan.
F6 These shares are held of record by the Reporting Person as Custodian for a minor child under the Uniform Transfers to Minors Act (CO). The Reporting Person disclaims beneficial ownership of these shares, except to the extent of her pecuniary interest therein.

Remarks:

Officer title: Chief Accounting Officer