Stephen Andrew Cohen - 03 Aug 2021 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
Issuer symbol
PLTR
Transactions as of
03 Aug 2021
Transactions value $
-$992,021
Form type
4
Filing time
05 Aug 2021, 19:01:42 UTC
Previous filing
13 Jul 2021
Next filing
19 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLTR Class A Common Stock Conversion of derivative security +45K +7601.35% 45.6K 03 Aug 2021 Direct F1, F2
transaction PLTR Class A Common Stock Sale -$992K -45K -98.7% $22.04 592 03 Aug 2021 Direct F1, F3

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 Class B Common Stock Conversion of derivative security $0 -45K -0.42% $0.00 10.7M 03 Aug 2021 Class A Common Stock 45K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction is part of a related series of transactions undertaken on August 3, 2021 pursuant to a preexisting Rule 10b5-1 trading plan. The Reporting Person converted 45,000 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 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.
F3 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $21.74 to $22.255. 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.

Remarks:

Officer title: President and Secretary