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Palantir Technologies Inc. — Director's Dealing 2021
Jan 21, 2021
29752_dirs_2021-01-20_7cc66927-2654-4476-a45b-5da778d2a331.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: 2021-01-15
Reporting Person: Karp Alexander C. (Director, See Remarks)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-01-15 | Employee Stock Option (Right to buy) | $0.103 | M | 1183365 | Disposed | 2021-12-03 | Class B Common Stock (1183365) | Direct |
| 2021-01-15 | Class B Common Stock | $0.103 | M | 1183365 | Acquired | Class A Common Stock (1183365) | Direct |
Footnotes
F1: The transactions listed in this Form 4 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.