| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PLTR | Class A Common Stock | Options Exercise | $94.4K | +20K | +2.45% | $4.72 | 838K | Aug 1, 2023 | Direct | F1 |
| transaction | PLTR | Class A Common Stock | Sale | -$400K | -20K | -2.39% | $20.00 | 818K | Aug 1, 2023 | Direct | F1 |
| holding | PLTR | Class A Common Stock | 8.13K | Aug 1, 2023 | See Footnote | F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PLTR | Employee Stock Option (Right to buy) | Options Exercise | $0 | -20K | -98.42% | $0.00 | 321 | Aug 1, 2023 | Class A Common Stock | 20K | $4.72 | Direct | F1, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | All transactions listed in this Form 4 are related and represent one series of transactions undertaken pursuant to a Rule 10b5-1 trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on March 8, 2023. The Reporting Person exercised vested Class A Common Stock options and immediately sold the resulting shares of Class A Common Stock in the open market. |
| F2 | 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. |
| F3 | The options exercised in this transaction were fully vested and exercisable as of the transaction date. |
Officer title: Chief Accounting Officer. This Form 4 has been compiled based on applicable requirements to reflect the specific transactions described herein and is not intended to disclose or describe all shares and/or other equity securities owned or beneficially held by the Reporting Person.