Palantir Technologies Inc. — Director's Dealing 2021

Apr 16, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Palantir Technologies Inc. (PLTR)
CIK: 0001321655
Period of Report: 2021-04-13

Reporting Person: Taylor Ryan D. (See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-13	Class A Common Stock	C	76000	—	Acquired	1494434	Direct
2021-04-13	Class A Common Stock	S	76000	$25.00	Disposed	1418434	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-13	Employee Stock Option (Right to buy)	$4.72	M	76000	Disposed	2030-06-03	Class B Common Stock (76000)	Direct
2021-04-13	Class B Common Stock	$4.72	M	76000	Acquired		Class A Common Stock (76000)	Direct
2021-04-13	Class B Common Stock	$	C	76000	Disposed		Class A Common Stock (76000)	Direct

Footnotes

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 B Common Stock options, converted the resulting shares of Class B Common Stock to Class A Common Stock, and immediately sold the shares of Class A Common Stock in the open market.

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: This transaction represents a sale of shares in the open market made at a price of $25.00 per share.

F4: The option, originally for 1,611,504 shares, vested as to 11,500 shares on April 1, 2018 and each month thereafter through December 1, 2019; 30,000 shares vested on January 1, 2020 and vest each month thereafter through March 1, 2022; and 46,667 shares vest on April 1, 2022 and each month thereafter through March 1, 2023, subject to the Reporting Person continuing as a service provider through each such date.