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Palantir Technologies Inc. Director's Dealing 2020

Dec 31, 2020

29752_dirs_2020-12-30_10e9a377-cb2a-49ac-b715-78047d6675e4.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Palantir Technologies Inc. (PLTR)
CIK: 0001321655
Period of Report: 2020-12-28

Reporting Person: Long Matthew A. (See Remarks)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-12-28 Employee Stock Option (Right to buy) $2.70 M 71296 Disposed 2022-07-02 Class B Common Stock (71296) Direct
2020-12-28 Class B Common Stock $2.70 M 71296 Acquired Class A Common Stock (71296) Direct

Footnotes

F1: The indicated transactions are related and were undertaken in compliance with a preexisting Rule 10b5-1 trading plan and 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.

F2: The options exercised in this transaction were fully vested and exercisable as of the transaction date.

F3: 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.