| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PLTR | Class A Common Stock | Conversion of derivative security | +172K | +7.03% | 2.61M | Nov 22, 2021 | Direct | F1, F2, F3 | ||
| transaction | PLTR | Class A Common Stock | Sale | -$4.03M | -194K | -7.43% | $20.75 | 2.42M | Nov 22, 2021 | Direct | F1, F4 |
| transaction | PLTR | Class A Common Stock | Sale | -$82K | -3.82K | -0.16% | $21.45 | 2.41M | Nov 22, 2021 | Direct | F1, F5 |
| transaction | PLTR | Class A Common Stock | Sale | -$1.42M | -69.9K | -2.9% | $20.36 | 2.34M | Nov 23, 2021 | Direct | F1, F6 |
| transaction | PLTR | Class A Common Stock | Conversion of derivative security | +203K | +8.69% | 2.55M | Nov 24, 2021 | Direct | F2, F7 | ||
| transaction | PLTR | Class A Common Stock | Sale | -$6.68M | -318K | -12.48% | $21.03 | 2.23M | Nov 24, 2021 | Direct | F7, F8 |
| holding | PLTR | Class A Common Stock | 761K | Nov 22, 2021 | See Footnote | F3, F9 | |||||
| holding | PLTR | Class A Common Stock | 225K | Nov 22, 2021 | See Footnote | F10 |
| 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 | -172K | -45.74% | $0.00 | 203K | Nov 22, 2021 | Class A Common Stock | 172K | Direct | F1, F2 | |
| transaction | PLTR | Class B Common Stock | Conversion of derivative security | $0 | -203K | -100% | $0.00* | 0 | Nov 24, 2021 | Class A Common Stock | 203K | Direct | F2, F7 |
| Id | Content |
|---|---|
| F1 | This transaction is part of a related series of transactions. The Reporting Person converted 171,518 shares of Class B Common Stock to Class A Common Stock on November 22, 2021. The resulting shares of Class A Common Stock, along with 96,201 additional shares of Class A Common Stock, were sold as follows: 197,825 shares on November 22, 2021 and 69,894 shares on November 23, 2021. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting of restricted stock units on November 20, 2021 and were conducted in compliance with the Reporting Person's preexisting Rule 10b5-1 trading plan. |
| 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 | On August 26, 2021, 88,889 shares of Class A Common Stock were transferred from Shyam Sankar, Trustee of The Shyam Sankar 2020 Annuity Trust u/a/d 7/14/2020 (the "Annuity Trust"), to the Reporting Person. The number of shares beneficially owned reflects such transfer. |
| F4 | This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $20.19 to $21.185. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnote (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 $21.19 to $21.52. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnote (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 | This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $20.06 to $21.03. 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. |
| F7 | This transaction is part of a related series of transactions. The Reporting Person converted 203,482 shares of Class B Common Stock to Class A Common Stock. The resulting shares of Class A Common Stock, along with 114,129 additional shares of Class A Common Stock, were sold in the open market pursuant to a pre-existing Rule 10b5-1 trading plan. |
| F8 | This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $20.795 to $21.12. 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. |
| F9 | These shares are held of record by the Annuity Trust. These shares were not subject to a particular transaction during the dates covered by this Form 4 and are listed here to disclose the Reporting Person's holdings as required by Securities and Exchange Commission rules. The Reporting Person disclaims beneficial ownership of the shares held by the Annuity Trust, except to the extent of his pecuniary interest therein. |
| F10 | These shares are held of record by Shyam Sankar, Co-Trustee of the Sankar Irrevocable Remainder Trust u/a/d 4/20/2020 (the "Remainder Trust"). These shares were not subject to a particular transaction during the dates covered by this Form 4 and are listed here to disclose the Reporting Person's holdings as required by Securities and Exchange Commission rules. The Reporting Person disclaims beneficial ownership of the shares held by the Remainder Trust, except to the extent of his pecuniary interest therein. |
Officer title: Chief Operating Officer and Executive Vice President