Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-21-007926
Date:2021-02-02
Issuer: PALANTIR TECHNOLOGIES INC. (PLTR)
Original Submission Date:

Reporting Person:

KARP ALEXANDER C.
C/O PALANTIR TECHNOLOGIES INC.
1555 BLAKE STREET, SUITE 250 DENVER, CO 80202

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
CLASS A COMMON STOCK 2021-02-02 C 1,285,123 a $0.00 7,711,619 direct
CLASS A COMMON STOCK 2021-02-02 S 558,542 d $31.18 7,153,077 direct
CLASS A COMMON STOCK 2021-02-02 S 661,897 d $31.77 6,491,180 direct
CLASS A COMMON STOCK 2021-02-02 S 46,765 d $33.05 6,444,415 direct
CLASS A COMMON STOCK 2021-02-02 S 17,919 d $33.89 6,426,496 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 0.103 2021-02-02 deemed execution date M 1,285,123 (d) 2021-12-03 class b common stock 1,285,123 $0.10 54,573,722 direct
CLASS B COMMON STOCK 0.103 2021-02-02 deemed execution date M 1,285,123 (a) class a common stock 1,285,123 $0.10 15,338,378 direct
CLASS B COMMON STOCK 0.0 2021-02-02 deemed execution date C 1,285,123 (d) class a common stock 1,285,123 $0.00 14,053,255 direct
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 0.103 2021-02-03 deemed execution date M 1,265,362 (d) 2021-12-03 class b common stock 1,265,362 $0.10 53,308,360 direct
CLASS B COMMON STOCK 0.103 2021-02-03 deemed execution date M 1,265,362 (a) class a common stock 1,265,362 $0.10 15,318,617 direct
Footnotes
IDfootnote
f1 this transaction is part of a related series of transactions undertaken on february 2, 2021 pursuant to a preexisting rule 10b5-1 trading plan and conducted in compliance with the issuer's lock-up terms. the reporting person exercised vested class b common stock options, converted the resulting shares of class b common stock to class a common stock, and immediately sold the shares of class a common stock in the open market.
f2 this transaction represents sales executed in multiple open market sales. the sales reflected in this line item were made at prices ranging from $30.51 to $31.50. the price reported above reflects the weighted average sale price of trades occurring within that price range. see footnotes (3), (4) and (5) for sales executed in other price ranges on the date indicated. 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.
f3 this transaction represents sales executed in multiple open market sales. the sales reflected in this line item were made at prices ranging from $31.51 to $32.49. the price reported above reflects the weighted average sale price of trades occurring within that price range. see footnotes (2), (4) and (5) for sales executed in other price ranges on the date indicated. 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 $32.56 to $33.54. the price reported above reflects the weighted average sale price of trades occurring within that price range. see footnotes (2), (3) and (5) for sales executed in other price ranges on the date indicated. 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 this transaction represents sales executed in multiple open market sales. the sales reflected in this line item were made at prices ranging from $33.58 to $34.18. the price reported above reflects the weighted average sale price of trades occurring within that price range. see footnotes (2), (3) and (4) for sales executed in other price ranges on the date indicated. 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.
f6 the options exercised in this transaction were fully vested and exercisable as of the transaction date.
f7 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.
f8 the indicated transactions are related and were undertaken in compliance with a preexisting rule 10b5-1 trading plan and conducted in compliance with the issuer's lock-up terms. the reporting person exercised vested class b common stock options, resulting in a decrease in the number of outstanding options held and an increase in the number of shares of class b common stock held.

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