Ryan D. Taylor - 22 Apr 2025 Form 4 Insider Report for Palantir Technologies Inc. (PLTR)

Role
Officer
Signature
/s/ Justin V. Laubach, under power of attorney
Issuer symbol
PLTR
Transactions as of
22 Apr 2025
Transactions value $
$0
Form type
4
Filing time
24 Apr 2025, 20:03:27 UTC
Previous filing
02 Apr 2025
Next filing
22 May 2025
SEC
View on sec.gov

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 Stock Appreciation Rights Award $0 +323K $0.00 323K 22 Apr 2025 Class A Common Stock 216K $150.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents stock appreciation rights ("SARs") that are subject to service-based and stock price-based requirements. 1/3rd of the total SARs subject to the award will satisfy the service-based requirement in May 2025 and 1/6th will satisfy the service-based requirement each quarter thereafter (subject to the Reporting Person continuing as a service provider through the applicable dates). The SARs that satisfy the service conditions become exercisable during a limited window in November 2033, and only if the Company's stock price exceeds $150 at that time. The SARs have a maximum appreciation value of $300 such that the maximum aggregate number of shares of Class A Common Stock issuable upon exercise is 215,556.

Remarks:

Officer title: Chief Revenue Officer and Chief Legal 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. For additional details regarding the Reporting Person's overall stock and equity holdings, please see the Issuer's Proxy Statement filed with the Securities and Exchange Commission on April 26, 2024, including under the heading "Security Ownership Of Certain Beneficial Owners And Management" (subject to the definitions, explanations, and time periods described therein).