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Palantir Technologies Inc. — Director's Dealing 2020
Oct 6, 2020
29752_dirs_2020-10-05_d918690a-c4a3-41e6-93a1-cbcc9e032c01.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: 2020-10-02
Reporting Person: Taylor Ryan D. (See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-10-02 | Class A Common Stock | C | 33177 | $0.00 | Acquired | 1931341 | Direct |
| 2020-10-02 | Class A Common Stock | S | 33177 | $9.1627 | Disposed | 1898164 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-10-02 | Employee Stock Option (Right to buy) | $3.25 | M | 33177 | Disposed | 2023-10-16 | Class B Common Stock (33177) | Direct |
| 2020-10-02 | Class B Common Stock | $ | M | 33177 | Acquired | Class A Common Stock (33177) | Direct | |
| 2020-10-02 | Class B Common Stock | $ | C | 33177 | Disposed | Class A Common Stock (33177) | Direct |
Footnotes
F1: Represents the conversion of Class B Common Stock to Class A Common Stock.
F2: This transaction was executed in multiple trades at prices ranging from $9.10 to $9.20. The price reported above reflects the weighted average sale price. 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.
F3: All of the shares subject to the option are fully vested and exercisable as of the date hereof.
F4: 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.