David A. Glazer - Aug 12, 2021 Form 4 Insider Report for Palantir Technologies Inc. (PLTR)

Role
Officer title: Chief Financial Officer and Treasurer
Signature
/s/ Justin V. Laubach, under power of attorney
Stock symbol
PLTR
Transactions as of
Aug 12, 2021
Transactions value $
-$1,080,000
Form type
4
Date filed
8/16/2021, 07:09 PM
Previous filing
Jun 30, 2021
Next filing
Aug 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLTR Class A Common Stock Options Exercise $255K +54K +1.99% $4.72 2.77M Aug 12, 2021 Direct F1
transaction PLTR Class A Common Stock Sale -$1.33M -54K -1.95% $24.72 2.72M Aug 12, 2021 Direct F1

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 Employee Stock Option (Right to buy) Options Exercise $0 -54K -39.95% $0.00 81.2K Aug 12, 2021 Class A Common Stock 54K $4.72 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All transactions listed in this Form 4 are related and represent one series of transactions undertaken pursuant to a preexisting Rule 10b5-1 trading plan. 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 The options exercised in this transaction were fully vested and exercisable as of the transaction date.

Remarks:

Officer title: Chief Financial Officer and Treasurer